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2009-06-02 Economy
Chinese company said to be buyer of Hummer
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Posted by tu3031 2009-06-02 13:01|| || Front Page|| [1 views ]  Top

#1 On the other hand, GM’s operations in China are profitable and can finance future growth themselves, “likely” including a new factory, Reilly said in April. The automaker, which sold its first car in China in the 1920s, had said that it expects to double annual Chinese vehicle sales to more than 2 million over the next five years.

“Shanghai GM is certainly capable of developing itself independently,” Zeng of IHS Global Insight said. “It’s a company that has a very good financial position.”

It would be ironic if GM in China comes to outshine GM elsewhere.
Posted by Anguper Hupomosing9418 2009-06-02 15:46||   2009-06-02 15:46|| Front Page Top

#2 AH9418 - there is no United Auto Workers Union in China. That accounts for a LOT.
Posted by Old Patriot">Old Patriot  2009-06-02 16:27|| http://oldpatriot.blogspot.com/]">[http://oldpatriot.blogspot.com/]  2009-06-02 16:27|| Front Page Top

#3 There's also no Sierra Club to keep them from drilling offshore.
Posted by Thing From Snowy Mountain 2009-06-02 16:40||   2009-06-02 16:40|| Front Page Top

#4 FORBES > seems CHINA is waging VARIOUS, SIMUL CHIN-LED "CAMPAIGNS OF ECONOMIC LIBERATION" agz SEVERAL TAIWAN PRODUCT = PRODUCTIVITY SECTORS, to help Taiwan get out of its economic travails.
GUAMPDN FORUM = may explain why CHIN may indir get its hands on many iff not all of the advanc US mil wares supplied to TAIWAN???
Posted by JosephMendiola 2009-06-02 22:48||   2009-06-02 22:48|| Front Page Top

#5 ION BHARAT RAKSHAK > CHINA ASKS PAKISTAN TO UPROOT MILITANTS { ee "East Turkestan Islamic Movement = UIGHUR SEPARATISTS], plus to up PK-led security for 000's of PRC workers in-country, espec those working in SWAT VALLEY = NWFP.
Posted by JosephMendiola 2009-06-02 22:51||   2009-06-02 22:51|| Front Page Top

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