Tag Archives: Chinese investment in Eastern Europe

Chinese cars for Europe

Nov 14th, 2010

Chinese cars for Europe

Last year China overtook the United States as the world’s biggest car market, buying 13.6 million vehicles in 2009. Chinese car producers are also exporting cars to developing countries and now they are starting to make inroads into the lucrative European market. A joint venture in Bulgaria will produce the first Chinese brand cars in the European Union. From Bahovitsa, Bulgaria, Matthew Brunwasser reports.