The Chinese Embrace....of all things bulky and pricey

While the corrupt politicians blame President Obama for everything, including high gas prices, the Chinese are keeping the pedal to the SUV metal.

China's consumers embrace bulky, pricey SUVs - Yahoo! Finance: "In many ways, the Chinese infatuation with gas-guzzling SUVs is an unlikely one. Most car owners live in crowded, urban areas, with few opportunities for the rugged, dirt-road driving that features in car advertisements. But sitting high above the traffic in an expensive off-road vehicle has an appeal in China's status-conscious society, especially for younger buyers.
A CHANGING MARKET
Land Rovers crowd Cao Jinwei's showroom in Beijing where the long-time dealer says he increasingly sells to wealthy, younger customers.
"I could only sell about four or five Land Rovers every month back in 2005, but now I can do nine or 10," said Cao. "Our clients were mostly middle-aged business owners at the time, but now, more and more young professionals, accountants and engineers in their 30s are also buying Land Rovers.""

'via Blog this'