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China's corporate goods price (CGP) index, also called the wholesale price index, jumped 10.3% year-on-year in April, or 0.7% month-on-month, the China Daily reported, citing figures released Tuesday by the People's Bank of China (PBOC). The wh...

By TONY JIN
Rising raw materials costs are putting pressure on automakers to increase prices or go bust. But low consolidation in the industry means it is still a buyer’s market, Shanghai Securities News reports

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