Economic Tsunami: Chinas Car Industry Will Sweep Away Western Car Makers Kevin Baker

ISBN: 9781877058561

Published: August 1st 2007

Paperback

360 pages


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Economic Tsunami: Chinas Car Industry Will Sweep Away Western Car Makers  by  Kevin  Baker

Economic Tsunami: Chinas Car Industry Will Sweep Away Western Car Makers by Kevin Baker
August 1st 2007 | Paperback | PDF, EPUB, FB2, DjVu, talking book, mp3, ZIP | 360 pages | ISBN: 9781877058561 | 9.39 Mb

Motor vehicle markets around the world are about to get hit by a large influx of cheap new cars and components, whose impact will be as sudden and as forceful as a tsunami. This surge of competition will be a result of the ever-acceleratingMoreMotor vehicle markets around the world are about to get hit by a large influx of cheap new cars and components, whose impact will be as sudden and as forceful as a tsunami.

This surge of competition will be a result of the ever-accelerating development of Chinas automotive manufacturers. They have increased output and quality with surprising speed - doubling production around every five years - and in the very near future they will not only be dominant at home but also major players on the international stage.

Wages in the Peoples Republic and a fixed exchange rate will hold prices to more than competitive levels.



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