China’s Strategy in U.S. Car Market: Make Parts First (WSJ)

Chinese car companies do make and sell cars in markets such as Russia, Egypt, Ukraine and Thailand. But the Chinese government’s big thrust is to subsidize its auto industry’s move into parts. In its latest guidelines for China’s auto industry, in 2009, the National Development and Reform Commission, China’s top economic-planning agency, required the country’s auto-parts makers to go all out to enter the global purchase network.

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