China's auto sales rise to 1.3 million vehicles in OctoberNovember 9, 2012 - 15:17 AMT PanARMENIAN.Net - China's auto sales rebounded in October but Japanese brands were hurt by a territorial dispute between Beijing and Tokyo. According to The Associated Press, an industry group said Friday, Nov 9, that sales in the world's biggest auto market by number of vehicles sold rose 6.4 percent to 1.3 million vehicles. That was a recovery from September's 0.3 percent contraction — the first this year. The China Association of Automobile Manufacturers said sales by major Japanese brands extended September's slide, declining 38 percent overall from a year earlier. China's auto sales growth has slowed sharply over the past year as the economy cooled and some cities imposed restrictions on ownership in response to smog and congestion. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |