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CHINA -
"Miraculous deathbed
recovery" |
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Leading domestic Chinese carmakers BYD, Chery and Geely, still on their knees during the closing months of 2008, have staged the most remarkable comeback. Little short of staging a striking and decisive turnaround, and after suffering from a nasty dose of plummeting home sales during much of 2008, China’s previously limping domestic carmakers have bounced back with vigour. |
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