9.16.2013

Volkswagen opens plant in Chinese province of Xinjiang

wsws.org, September 16, 2013

An extract from the article:
Pointing to the signs of slowing economic development, industry analysts like Bill Russo, director of the Beijing Synergistics consultancy firm and a former Chrysler manager, warned of “high levels of excess capacity” and “considerable pressure on profit margins” in the Chinese auto industry.

Read the full article at wsws.org

No comments:

Post a Comment