[originaltext] China’s automobile revolution is accelerating; (8) despite ef

China’s automobile revolution is accelerating; (8) despite efforts by the government to slow what many economists believe is an overheating of its economy. China is the fastest growing ear market in the world, and sales next year are expected to climb 20 percent from last year. Meanwhile, the world’s automakers have announced they will launch massive expansion projects in China.
    In recent months, banks have started to tighten their lending criteria, in part a response to what analysts say are the government’s efforts to stop China’s rapidly growing economy from overheating, but ear sales are skyrocketing, with many Chinese using their savings to purchase new cars.