Road Rebels.
By Mark Andrews
Silkroad – Cathay Dragon Airlines. April 2013
While car sales in China have been grabbing the headlines, it’s easy to forget that the mainland is the biggest producer of – and market for – motorbikes. However, whereas car sales rose by 4.3 percent in 2012, those of motorbikes fell by more than 12 percent to the lowest level in five years.
“The market is suffering as consumers choose to either move upmarket and purchase cars, or purchase scooters, which can offer most of the functionality at a lower price,” says Benjamin Cavender, an analyst at China Market Research.
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