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The sale of heavy trucks surged in......>

CHINA PRESS
CHINA PRESS: The sale of heavy trucks surged in September as economy continued
to expand, the 21st Century Business Herald reported Wednesday. Heavy truck
sales volume broke 100,000 units in September, rising 89% year-on-year and 7%
month-on-month. Full-year sales are expected to excess 1.1 million units, a new
record, the report said. As a leading indicator of economic performance, the
sale of heavy trucks is highly correlated to commodities transportation and
fixed-asset investment, so the big rise reflects a robust economy. But there is
no sign such growth will continue next year, since the government campaign to
reduce overcapacity is still pushing forward, the report warned. (21st Century
Business Herald)

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