Luxury automakers rush to capture Chinese demand

Han Zhongping, a 38-year-old coal mine owner who has four luxury cars and is in the market for another, looked at BMW's latest sedans at this week's Beijing auto show and said what he wants is simple.

"The most expensive is the best," said Han, from the northwestern town of Yulin in China's coal fields. His stable of cars already includes models from BMW and Mercedes-Benz, all bought for cash.


From: http://ping.fm/Ezddc