Automotive Industry
Industry: Email Alert RSS FeedChina's Structural Reform Questioned - Brief Article
Automotive Industries, Oct, 1999
General Motors Corp. remains focused on the Asia-Pacific region because of its huge growth potential, especially in China, where it exceeds the growth potential of most of the other markets in the world combined, says Chairman Jack Smith. A positive sign is that car demand is improving in Asia after the downturn over the past two years.
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The question is whether there's been enough structural reform to enable the turnaround to last, rather than proceed in a troubling series of fits and starts, he says.
COPYRIGHT 1999 Cahners Publishing Company
COPYRIGHT 2000 Gale Group