While billionaires defect Detroit, Chinese women buy new cars with 3 months of breastfeeding. By Bertel Schmitt, CEO Sinamotive Group (HK) Limited.
Need an answer? Start here!
While billionaires defect Detroit, Chinese women buy new cars with 3 months of breastfeeding. By Bertel Schmitt, CEO Sinamotive Group (HK) Limited.
For the past years, auto makers in Europe and the U.S. looked to China with hope, and with trepidation. They hoped the booming Chinese market would lift their worldwide sales. It did. They feared the Chinese would export cars en masse, swamping Europe and the U.S. with cheap vehicles. They did not.
A bit breathless, Bloomberg reported that \”China\’s economy, the biggest contributor to global growth, expanded at the slowest pace in five years as the financial crisis cut demand for exports. Gross domestic product rose 9 percent in the third quarter from a year earlier.\”
A more or less awful outlook for auto sales. By Bertel Schmitt, CEO Sinamotive Group (HK) Limited.
GM repatriating Chinese profits - it may do more harm than good. By Bertel Schmitt, CEO Sinamotive Group (HK) Limited.
Beijing was famous for its thick smog. Something had to be done before the Olympics. So after consulting many experts, the City of Beijing had resorted to what was promptly ridiculed as the ?Nigeria Solution:? Cars with license plates that end in an odd number could drive on odd days, cars with even numbers could drive on even days of the month.
Immune to the global slowdown, Chinese auto parts industry delivers record numbers. By Bertel Schmitt, CEO Sinamotive Group (HK) Limited.