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There are reasons why the number one auto part supplier in the world is doubling its investment in China.
The Bosch Group will build two plants in Changsha and Suzhou and expand two more plants.
6 Reasons:
1. China is the future number one auto market in the world...say 10 years or so.
2. Bosch is making money in China, but can make more. In 2005 auto parts producers profitted $250 million.
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