Home China Reports Chinese Automakers Want Gov To Keep 50% Cap On Foreign Ownership For 5 More Years

Chinese Automakers Want Gov To Keep 50% Cap On Foreign Ownership For 5 More Years

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Currently, the Chinese automotive market is the biggest one in the world, with the country being the number 1 car producer and consumer. But to protect its own industry, China’s government has imposed restrictions on foreign ownership of local companies.
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Chinese Automakers Want Gov To Keep 50% Cap On Foreign Ownership For 5 More Years Chinese Automakers Want Gov To Keep 50% Cap On Foreign Ownership For 5 More Years Reviewed by Unknown on 10:26:00 Rating: 5

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