Customers Returned To Japanese Cars In Chinese Markets
Japanese cars' sales returned to Chinese markets after the previous period of tensions between China and Japan over the disputed islands in East China Sea, where Chinese protesters panned Japanese cars from their markets.
At the same time, Japanese cars' sales will gradually back to China's markets, such as Toyota Motor Corp. that showed moderate rebound in October after recording a decline in its sales by almost half a month earlier.
Nissan Motor Co. recorded weak sales in Chinese markets during the recent weeks, while Honda Automobile Co. rebounded in its Chinese revenue and increased customer numbers after declining by 40.5% during the dispute.
It's Worth to mention that U.S.'s President Barrack Obama stressed during his meeting with China and Japan's leaders that the failure to ease tensions over sea claims risks disrupting commercial ties between Asia's biggest economies as Europe's sovereign debt crisis and the U.S. fiscal cliff threaten global growth.