A fast-growing market is not enough. Good management is not enough. If the industry is flooded with capital and the products are substitutable, profit will be scarce. China’s used-car market is big and will get much bigger. In 2009, China’s new-car market became the largest in the world, surpassing that of the US. The youth of the country’s car fleet means that the second-hand car market still has lots of room to develop.
一個快速成長的市場還不夠。良好的管理也不夠。如果一個行業充斥著資本、且產品可相互替代，那麼利潤將是稀薄的。中國二手車市場很大，而且會變得大得多。2009年，中國新車市場超越美國，成爲了全球最大市場。中國保有的汽車總體較新意味著，二手車市場仍有很大發展空間。
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