BEIJING: China continues its good showing in the global automotive export market, with Russia remaining a stable source of demand for the nation amid the global tariff war affecting the industry, according to a report released by consulting firm AlixPartners.
The report noted that China’s auto exports soared 23% year-on-year to 6.4 million passenger vehicles in 2024, more than 50% above second-ranked Japan, though it expects growth to moderate to 4% in 2025 as tariffs ripple through the market.
