Yuchai and Dongfeng Liuzhou Motor March into the Market of Ethiopia
June 01,2017
In recent years, Ethiopia has been moving rapidly to build its infrastructure and develop its agriculture with an average economic growth of more than 10%, a growth faster than that of all African countries and ranking first.
However, because of the scarce resources in Ethiopia, the huge trade deficit, strict foreign exchange controls and agents’ neglect, it’s quite hard for Yuchai and Dongfeng Liuzhou Motor Company to develop there. After over a year’s efforts, Yuchai and Dongfeng Liuzhou Motor Company finally find a way that agents and exporters promote imports together, laying a foundation for the further development in Ethiopia.
Source : www.chinatrucks.com
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