First Ripple In a Potential Chinese Wave

I think people need to better understand whats behind trade between China and USA... A lot of companies in USA have their own factories in China and then send back the goods for sale in USA... All the profits still go to USA.
People are jumping to conclusions I feel. Will Chinese automakers become a big force worldwide? Maybe in 20-30 years. I definitely don't see this happening in the next 10 years.
Even then, the Chinese will have to compete with Indian automakers, *and* Korean automakers. It will be a race to the bottom between these countries with emerging or young auto industries.
Even then, the Chinese will have to compete with Indian automakers, *and* Korean automakers. It will be a race to the bottom between these countries with emerging or young auto industries.
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