Re: Are you kidding GM is already SAICs lapdog.... - Saab General Bulletin Board - Saabnet.com
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Re: Are you kidding GM is already SAICs lapdog....
Posted by Bruce (more from Bruce) on Fri, 11 Nov 2011 06:45:16
In Reply to: Are you kidding GM is already SAICs lapdog...., Mark from Toronto, Thu, 10 Nov 2011 06:08:13
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Its not GM's fault they have a Chinese partner... its the law in China a foreign company has to have a local partner (very common in a lot of "developing" countries). So GM & every other company bites the bullet & reallizes 50% of the Chinese market (whose population is 5x the US's, is now the 2nd largest economy & one that is actually growing) is better than 0%.
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