As the Chinese dream expands from one child to two, auto makers hope the size of the family car grows as well.
Auto executives made the pitch for a golden era of the SUV in China as Beijing’s annual motor show opened Monday. In January, China began allowing all couples to have two children, ending the controversial one-child policy that had been in place for 35 years.
At a launch show held by Chinese manufacturer FAW Haima Automobile Co., a woman, man, boy and girl performed a joyous dance around a shrouded SUV before unveiling the vehicle. In case the symbolism was lost on any audience members, Haima’s emcee followed with an explanation.
“There were two children on stage during this performance,” he said. “That’s because of the two-child policy. With more people in the family, the need for more unique and spacious vehicles also grows.”
The investor looking to put money into China and Asian Markets ought to undoubtedly take into account the mutual funds supplied by various household of funds. Almost all the large fund corporations have a fund that’s designed for publicity to the growth in China.