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Industry: Email Alert RSS FeedChina chases Germany; More parts for US sourced from Asia.(News)(Brief Article)
Automotive News Europe, March, 2004 by Chappell, Lindsay
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Byline: Lindsay Chappell
China could pass Germany as the United States' largest automotive trading partner outside of North America.
Chinese exporters shipped $2.8 billion worth of parts to the United States last year, half the volume of Germany.
China's parts exports were up from $2.2 billion in 2002 and analysts expect that US parts imports from China will continue to grow fast.
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"China is already half the volume of Germany's parts exports to the US, and they've only been at it a few years," said Scott Merlis, an automotive analyst with Thomas Weisel Partners ...
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