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China’s new car tax could make luxury carmakers an endangered species

August 18, 2008 · Filed Under International Investing · Comments 
“Wait a minute, they won’t sell me a car because it’s going to be more expensive next month? The logic of the situation eludes me. But there you have it.” — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN):  Only in China would a car salesman refuse to sell you a big fancy foreign car. China is increasing [...]

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