China Goes for the Gold in Global Auto Industry
About: (Beijing Automotive Industry Holding Co, BAIC, Saab, General Motors, Ford Motor Co, Geely Holding Group Co, Volvo, China’s Sichuan Tengzhong Heavy Industrial Machinery Co, China Stock Digest)
Cash rich, China’s automotive upstarts are buying up the crown jewels of the world’s auto industry: intellectual property. The Chinese [...]
China’s Growth Rises from Surge to Boom
About: (National Bureau of Statistics (NBS), China Economy, China’s industrial output, China Stock Digest)
The latest numbers on China’s economy are dazzling – some say too dazzling. China’s industrial output growth accelerated to 19.2 percent in November year-over-year. That follows a 16.1-percent increase in October.
Production of heavy industries was up [...]
GM is Booming (But Only in China)
About: (Ed Whitacre Jr, China Stock Digest, GM, General Motors )
Anyone who follows business news knows by now that GM has thrown its latest CEO overboard. CEO Fritz Henderson and GM parted ways on Tuesday, the board upset that the auto maker’s turnaround wasn’t moving more swiftly and Henderson [...]
If there’s one thing America has long been famous for, it is our longstanding love affair with cars. Ask anyone who currently has the biggest automobile market in the world and the answer would just have to be the United States. But as of now, that answer is dead wrong.
Only two [...]
