Especially if the US and EU get serious about alleged currency manipulation -- it's funny to see a graph of US to Yuan stay virtually flat for many years dispite their economic growth: http://www.google.com/finance/chart?q=CURRENCY:CNYUSD&tk... -- compare that to organic exchange rates: http://www.google.com/finance/chart?q=CURRENCY:CNYEUR&tk... and http://www.google.com/finance/chart?q=CURRENCY:GBPUSD&tk...
Btw, it seems China is the world's largest auto market by units sold, not by dollars/yuan sold -- which is an odd way to think about it. Cars are significantly cheaper in China.
It would be nice to see the inflation adjusted figures.
Especially if the US and EU get serious about alleged currency manipulation -- it's funny to see a graph of US to Yuan stay virtually flat for many years dispite their economic growth: http://www.google.com/finance/chart?q=CURRENCY:CNYUSD&tk... -- compare that to organic exchange rates: http://www.google.com/finance/chart?q=CURRENCY:CNYEUR&tk... and http://www.google.com/finance/chart?q=CURRENCY:GBPUSD&tk...
Btw, it seems China is the world's largest auto market by units sold, not by dollars/yuan sold -- which is an odd way to think about it. Cars are significantly cheaper in China.