Hello ild, <<The real killer for US car makers would be if Toyota moves production to China>>
Message 18860935 , and
Honda started a plant in Guabgzhou meant for export and domestic market, and GM starting to export Buicks from Shanghai to Philippines. The "Made in China" cars are. as far as I can tell, the same as their "Home Country" cousins.
Both Daimler-Chrysler and Volkswagon already export engines from their China plants, for at least the past 10 years (to their Mexico, SAfrica and emerging market operations).
I know folks who are working on project to help up to 600 OEM suppliers from USofA to setup factories in China.
There is a car assembly bubble going on in China, much blood will be shed by investors, but, at the end, much production will have relocated, along with important skills (mold, tool, die, machine tools, plant management, design, ...)
Oil demand in China should continue to go up, and it is just as well that the US is trying to break OPEC and secure the peace for global trade and planet-wide equalization;0)
Chugs, Jay
More references tdctrade.com tdctrade.com china-embassy.org |