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Obama vehicle deal 'positive' for nation

By Li Fangfang | China Daily | Updated: 2009-05-21 08:18

US President Barack Obama's tough new standards for automobile emissions will raise the barrier for Chinese vehicles entering the US market, but it could benefit China's automobile manufacturing industry in the long run, analysts said.

"Obama's automobile emission deal enhances the difficulty for Chinese auto manufacturers to export their vehicles to the US market, a highly-matured market Chinese players are dreaming of, as it's even harder for Chinese vehicles to meet the new and stricter emission requirements," said Zhong Shi, an independent auto analyst.

However, the barrier will boost Chinese manufacturers' push to develop greener cars, which is expected to eventually benefit the domestic industry.

Obama vehicle deal 'positive' for nation

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