Miracle on ICE
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The data is in: In 2023, China beat Japan to become the world's largest auto exporter.
On Tuesday, the China Passenger Car Association (CPCA) pegged China's 2023 auto exports at 5.26 million units, vs. Japan's projected 4.3 million.
Passenger vehicle exports totaled 3.83 million units – up 62% y/y ...