rdr4

China Raising Fuel Prices Unlikely to Cool Red Hot Oil Market

Try driving through Hong Kong, Shenzhen, Ghangzhou or Chengdu.
Discounting extreme rural areas which are in the "first mo-ped" phase, the number of automobiles in China is staggering. Curiously enough, there are more Lambourginis, Rolls, and Ferraris on the road in Southern China than in the US.
The inclusion of India in the auto buying race is appropriate although the demographic data may require a closer look.
The amount of mis-information about China we are fed is astounding, even propagandistic in nature.
Spend a month or two in China, everything you think you know is significantly distorted.