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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6293)5/16/2004 10:25:00 AM
From: Wyätt Gwyön  Respond to of 116555
 
Volkswagen will...build a factory near Shanghai capable of producing 150,000 vehicles a year. The Wolfsburg, Germany-based company controls more than a third of the Chinese auto market.
[How many jobs will this cost? - Mish]


why would this "cost" jobs? if they are building for domestic Chinese consumption, China can easily absorb an extra 150K cars/year.