Chart of the week: China’s car market reaches its speed limit

In 2009, China's car market overtook America's as the world's largest, says Lex in the FT. Sales grew by 14% a year on average for five years. But the market may be maturing.

A cooling economy and crackdowns on corruption, pollution and price-fixing has tempered growth. And at the premium end, "the sales mix is shifting towards affordable luxury". In 2014, the number of cars sold grew by just 10%.

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Explore More

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.