Tag: china auto sale

  • China’s auto sector to grow in 2022, despite chip shortages – CAAM

    China’s auto sector to grow in 2022, despite chip shortages – CAAM

    China’s market for automobiles, one of the country’s key steel-consuming sectors, is expected to expand further this year, with auto production seen growing by more than 5% on year, according to Chen Shihua, the deputy secretary of China Association of Automobile Manufacturers (CAAM). Addressing Mysteel’s annual conference in Shanghai on February 26, Chen also predicted…