Many cars in China sell for a much higher price than in the United States or Europe. But when BMW X5 goes on sale in China this month, prices will more than double. The starting price for BMW X5 3.0si is $45,900 in the U.S., but the same car is sold at a price of 8900,000 yuan ($118,666) in the Chinese market.
“When a car is imported to China, the customs will levy a 25 percent import tax, a 17 percent...
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