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Car Ownership Changes Chinese Society

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Car Ownership Changes Chinese Society

Business

Car Ownership Changes Chinese Society

Car Ownership Changes Chinese Society

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According to official statistics, in 2007 some 41 million Chinese owned private cars. Qian Jin hide caption

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Qian Jin

According to official statistics, in 2007 some 41 million Chinese owned private cars.

Qian Jin

The Chinese are buying more and more cars and will soon over take the U.S. as the world's No. 1 auto market.

Back in the 1980s, young married couples in China aspired to own a bicycle, a sewing machine, a watch and a radio.

These days, many Chinese men believe they must first own a car, house and a laptop before they can think about getting into a serious relationship.