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 | Ucom Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |