Auto Industry “Going Global”

China Passenger Car Association Secretary General Cui Dongshu notes that China’s automobile manufacturing industry its quickly “going global.” “Within the framework of the Belt and Road Initiative, Chinese automakers will have a wider scope and emboldened vision. As a result, they are forming overseas partnerships and establishing joint manufacturing plants, in addition to international trade in completed cars,” states Cui. He notes the initiative has resulted in a favorable political environment and greater business opportunities for Chinese carmakers’ development.

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