The China Automotive Challenge

I previously posted about the Chinese approach at economic competition based on stealing trade secrets… The Chinese are now attempting to leapfog the world in automotive manufacturing by buying one of the world’s most sophisticated automotive engine plants, taking it apart piece by piece, transporting it halfway around the globe, and putting it back together again in China. Chinese company Lifan Group and the Communist Party are bidding to buy a car engine plant in Brazil from DaimlerChrysler and BMW.  You can read the entire article here.

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