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(FUVEST - 2006 - 1 FASE)CHINA has begun to enter t

(FUVEST - 2006 - 1 FASE)

“CHINA has begun to enter the age of mass car consumption. This is a great and historic advance.” So proclaimed the state-run news agency, Xinhua, last year. Environmentalists may feel a twinge of fear at this burgeoning romance with motoring. But a rapid social and economic transformation is under way in urban China, and the car is steering it.

In 2002 demand for cars in China soared by 56%, far more than even the rosiest projections. The next year growth quickened to 75%, before slowing in 2004 (when the government tightened rules on credit for car purchases) to around 15%. But in a sluggish global market, China’s demand remains mesmerising. Few expect this year’s growth to dip below 10%. As long as the economy goes on galloping at its current high-singledigit clip, many expect car sales to increase by 10-20% annually for several years to come."

The Economist, June 4th 2005.

According to the passage, Xinhua 

A

had proclaimed that China’s car industry would boom in 2004. 

B

played an important role in China’s social and economic transformation.

C

reported, with pride, in 2004, the beginning of a new era for China. 

D

considers the new bank lending rules to be responsible for China’s mass car consumption.

E

pointed out, in 2004, that China’s car industry would grow beyond expectations in the short run.