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

China's car market may have overtaken America's, but there are signs the market is maturing.

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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%.

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