Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month, according to data reported Monday.
China will likely spend full amount of stimulus
China's government will likely spend the full amount of its planned stimulus in 2010, the finance minister said Sunday, despite improvements in its economy and efforts to control bank lending.
Ford US auto sales rise 3 percent in October
Ford Motor Co.'s says its U.S. sales rose 3 percent in October, a positive sign for automakers who are hoping an improving economy brings buyers back to the showroom.
Chinese manufacturing expands in July
China's manufacturing expanded in July, a state-sanctioned index showed Saturday, as Beijing's massive stimulus spending helped boost growth in the world's third-largest economy.
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