Foreign Investment and China Automotive Industry

2008-12-27 05:19LiXiaoqing
China’s foreign Trade 2008年21期

Li Xiaoqing

Under the influence of global finan-cial crisis,the international automotive market is covered in an unpleasant at-mosphere.In September 2008,the North American market had an astonishing decrease of 27%.All automotive groups in the USA and Europe began to phase out production,reduce production or staff.GM and Chrysler planned to incorporate,or the former planned to purchase the lat-ter.Japanese cars,such as Toyota,Honda,and Nissan experienced a decrease of sur-prising degrees.China's automotive mar-ket,which has kept a high increase of over 10% over the past nine years,is also in-volved in this unfortunate influence.