Vehicle exports down again IBUonline is a B2B foreign trade platform which has helped many China suppliers

and international buyers to complete foreign trade. IBU also launched another paid service about specific industry report. According to IBU, Chinas vehicle exports continued to decline in July, falling 5.4 percent from June to 79,900, a year-on-year drop of 11.6 percent. It was the third month the nations automobile exports were lower measured against last years performance. In the first seven months of this year, China exported 567,500 vehicles; a fall of 2.2 percent compared with the 0.6 percent decline in the first half of this year. Passenger vehicle exports dipped 0.2 percent in the period to 344,700 units, while commercial vehicle exports dropped 5 percent to 222,800 units . The weak overseas market for made-in-China vehicles was affected by the appreciation of the Yuan, said Dong Yang, deputy chief of the association. To avoid currency rate fluctuations, Chinese auto makers are trying to build assembly plants in their big overseas markets, especially in South America and Africa. IBU thinks that there must be more vehicles exported to USA and Africa.