Jul. 06, 2012 - 07:00AM JST
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Tom Webb at Jul. 06, 2012 - 09:20AM JST
Differences of opinion. Let the WTO decide. US auto mfg did received government backed loans which China interprets as subsidy.
PT24881 at Jul. 06, 2012 - 11:18PM JST
GM has been enjoying enviable market share in China via its JVs -- probably the only country in Asia where a sizable presence of genuinely American-styled cars ( oversized for Asian roads, high gas consumption, average qualitied ). The Chinese levy duties high on big-cylindered imports for Eco-environmental causes-- that seem pinpointing at typical American cars ( Mercedes kept exporting its U.S. Made SUVs to China, selling well without issues for years )
Everyone seems to be aware of the highly publicized dispute 'show' was meant to gain votes. Hence, good products sell themselves..despite duties that was imposed partly for selecting the more economical - environmentally friendly ones.
davidnorell at Jul. 07, 2012 - 03:00PM JST
GM, Ford and Chrysler are doing very well selling American Cars that are produced ****DOMESITCALLY**** in CHINA. Ford is building 5 new car manufacturing plants in mainland China. It has been surmised by media in the USA that the market in China will be 30 million new cars this year alone(I believe that was the number). Making MAINLAND China the largest car market in the world. GM, i think, currently has 10 factories making different brands in Mainland China. Chrysler may be the only one that has one or none in Mainland China. It is really ''apples and oranges'' in this dispute for restrictions on trade when North American (USA) firms are so aggressive in Mainland China and taking the politics and saying China is being unfair. China, if it was really unfair, would have kept North American (USA) firms from building plants in China to keep all the competition from the Mainland.
Most of the total profits of the USA big three car manufacturers is from Mainland China. So, 3 billion dollars in restrictions is paltry. I am no supporter of either side, but you can see where this is so silly.
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