China’s national car fleet quadrupled in size in past decade to 260 million cars, closing in fast on the U.S.’s

China’s national car fleet quadrupled in size in past decade to 260 million cars, closing in fast on the U.S.’s 280 m. The average age of China’s fleet is -> 6 years when cars start to need significant repairs -> $534bn after market beckons. @Trefor1
wsj.com/articles/aliba… https://t.co/jvEPCeAWm8

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