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 | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |