Guangzhou Moves to Limit New Cars

I previously referenced an article about transit is a Chinese city when I noted "The De-Bikification of Beijing"

This is a very big change, and one that might be a factor in lower imports of crude/oil into China.

Guangzhou Moves to Limit New Cars - NYTimes.com:

"measures have the potential to help clean up China’s notoriously dirty air and water, reduce long-term health care costs and improve the long-term quality of Chinese growth. But they are also imposing short-term costs, economists say, at a time when policy makers in Beijing and around the world are already concerned about a sharp economic slowdown in China.
“Of course from the government’s point of view, we give up some growth, but to achieve better health for all citizens, it is definitely worth it,” said Chen Haotian, the vice director of Guangzhou’s top planning agency.
Nanjing and Hangzhou in east-central China are moving to require cleaner gas and diesel. Cities near the coast, from Dongguan and Shenzhen in southeastern China to Wuxi and Suzhou in the middle and Beijing in the north, are pushing out polluting factories. And Xi’an and Urumqi in northwestern China are banning and scrapping cars built before 2005, when automotive emissions rules were less stringent.
“There’s a recognition finally that growth at all costs is not sustainable"

Read the entire article at NYTimes.com: