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China News: Foreign Interest in China's Used Car Market Grows

  

October 14, 2024     Share on   facebook   Twitter

South China's Guangzhou City is seeing a surge of international buyers flocking to its used car market, driven by newly relaxed export policies enacted earlier this year. Since March, the number of registered used car exporting companies has ballooned from 21 to over 150. At the city's largest second-hand vehicle market, traders from Africa, Central Asia, and the Middle East are regular customers, showing particular interest in Chinese new energy vehicles.