China poised to become used-vehicle export giant

A Chinese company in Guangzhou recently exported 300 used cars to buyers in Cambodia, Nigeria, Myanmar and Russia. The shipment was a first for China, which till now had restricted large-scale exports of used vehicles in deference to manufacturers, who feared that poor vehicle quality could damage their reputations. There will be more such shipments -- and their impact will reverberate well beyond the mainland’s used-car lots.