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China To Build Cars in North America
Do you think that if this venture is successful, we will see Chinese cars built in the US in the near future?
Would you buy a Chinese car made in Mexico and imported into the US?
What's interesting about all this is that China has become prosperous in the past by making components for other global manufacturers, but hasn't yet make the jump to producing their own complex electronics, machinery, etc. They make their wealth on components.
One wonders if this type of operation represents the next shift int he Chinese economy, where they compete head to head with other manufacturers of big ticket consumer items.
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