Apr 23: Changing gears

Apr 28, 2010 : At the Beijing auto show, Chinese automakers are trying to climb the ladder of luxury up to the premium levels previously dominated by companies like Audi and Mercedes – while, ironically, foreign manufacturers are reaching down the ladder to offer the smaller, cheaper cars that appeal to China’s masses of first-time car buyers. Patti Waldmeir, FT Shanghai correspondent, reports.
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