China Can't Keep Up With Global Auto Companies

General Motors, Toyota, Nissan and Honda dominate market share on the Mainland.

According to Businessweek, there are nearly 50,000 US companies operating on the Mainland. These companies have invested more than $50 billion since the early 1980s and more than 80% of the businesses are profitable.

Were it not for China, companies like GM and Ford may have already gone under.

Beijing has urged its auto makers to increase their competitiveness.

click here to continue reading...