Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (1620)	11/30/2003 10:49:15 PM
From: Julius Wong	Read Replies (1) \| Respond to of 6370

VW's plant in China to export Associated Press Posted November 30, 2003 SHANGHAI, China - China's auto industry opened a new era as an exporter of premium-priced cars Friday when Volkswagen unveiled the first sedan made in China for sale to upscale Western drivers. Most foreign automakers setting up operations in China are focusing on a domestic market that is the fastest-growing in the world. For decades, the country has exported low-priced trucks, buses and other vehicles - mostly to developing countries. VW has said it plans to export Chinese-made cars to 84 countries within three to five years - if it can bring down costs and improve quality. dailyherald.com