industrial & automotive products china commercial vehicles market 2006 advisory kpmg a hong kong partnership and member firm of the network independent firms affiliated with international swiss cooperative all rights reserved stands second only to united states among world s largest producers trucks buses other yet despite this fact it is now beginning make its mark as significant exporter change will continue in coming years number domestic manufacturers expand their sales push from tier markets middle east africa more lucrative demanding western europe north america japan export drive also create new opportunities for foreign investors notwithstanding handful joint ventures companies have tended shy away sector assuming cannot match prospects passenger perception that fiercely driven by price prone regulation government intervention vehicle already offers some exciting investment if pick right strategies segments prior 2004
