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Wednesday, August 20, 2014

Chinese Brands Struggling?

From what I understand about the Chinese car market, it is divided into two. There is the joint venture between a foreign car maker and a local company with the overseas side not able to own more than 50% of the company. They manufacture cars together almost exclusively for the local market, in more affluent areas. Then there are local companies who have gone it alone making cars, selling in the

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