gm may fail in both china and s.africa, with two differences, and important, that is (a) should gm fail in china, the failure will be more costly than a failure in s.africa, and (b) should gm fail in china, someone substantive may pick up the pieces and make a success out of it to matter to gm global.
another difference, much of what gm produces in china, at least up to now, is for china sales, not export, and not true should gm produce 10k h3 in s.africa
i suspect that china made cars, under many ownership, will be on the world market, including the hummer knockoffs, because it is inevitable
on the trade deficit, not sure, because much of china imports is actually directly necessary for processing and export, and therefore if/when export declines, so will import
dunno about s.africa, except to say they dig things (real money) out of the ground and sell it for paper fiat. |
