Three Graphs About China and Cars
via Paul Kedrosky's Infectious Greed by pk on 7/31/10
Three useful graphs about China’s expanding car ardor. First, monthly demand has doubled since January 2009 …
… and the per capita ownership of cars in China is 1/20th that of Europe, or 1/40th that of the U.S. …
… while the growth in China’s auto penetration rate isn’t really that high (yet), compared to neighbors like Korea. 
[via J.P. Morgan]
