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GM invests in CHINA
Reuters ^
| Aug 30, 2009
| By Fang Yan and Edmund Klamann
Posted on 08/31/2009 9:35:35 PM PDT by The Watcher
SHANGHAI (Reuters) - General Motors said on Sunday it has agreed to set up a light commercial vehicle production venture with major Chinese automaker FAW Group, with total investment of 2 billion yuan ($293 million).
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: automakers; china; economy; generalmotors; gm; madeinchina; manufacturing; politics
GRRRRRR.... All this, just for GM to invest in CHINA! At least Chrysler is now building more stuff here in north America, and working on exporting more.
To: The Watcher
UAW workers voted for this. Stick a fork in GM and Chrysler. GM’s future - if it has any is in China. The Chinese will steal any intellectual property so GM will die anyway. O will keep both alive until 2012,
2
posted on
08/31/2009 9:41:29 PM PDT
by
Frantzie
(Lou Dobbs & Glenn Beck- American Heroes! Bill O'Reilly = Liar)
To: The Watcher
Isn’t it the other way around?
3
posted on
08/31/2009 9:42:58 PM PDT
by
dfwgator
To: The Watcher
All this, just for GM to invest in CHINA! Remember, the UAW received ownership too. (another 0bama double cross -- unless the UAW is gonna go over to China and try 'card check'?)
4
posted on
08/31/2009 9:43:22 PM PDT
by
This_far
To: The Watcher
I assume GM is using OUR “stimulus” money to stimulate China and lessen the burden of UNIONS that stop them from being competitive and also to remove OUR government OUT of their business?
5
posted on
08/31/2009 10:00:00 PM PDT
by
nmh
(Intelligent people recognize Intelligent Design (God).)
To: The Watcher
i will never buy from these companies
6
posted on
08/31/2009 10:03:29 PM PDT
by
dalebert
To: The Watcher
"GM invests in CHINA" Figures. China's economy is tanking, and Obama decides this is the time to invest in China. Yet another brilliant move.
What the heck, it's only taxpayers money...
To: The Watcher
Your tax dollars at work!
8
posted on
08/31/2009 10:15:43 PM PDT
by
B-Chan
(Catholic. Monarchist. Texan. Any questions?)
To: The Watcher
9
posted on
08/31/2009 10:32:22 PM PDT
by
Talisker
(When you find a turtle on top of a fence post, you can be damn sure it didn't get there on it's own.)
To: The Watcher
it should read US TAXPAYERS INVESTED IN CHINA
10
posted on
09/01/2009 1:49:24 AM PDT
by
personalaccts
(Is George W going to protect the border?)
To: The Watcher
or OBAMA MOTORS THROWS UNION UNDER THE BUS
11
posted on
09/01/2009 1:49:57 AM PDT
by
personalaccts
(Is George W going to protect the border?)
To: personalaccts
Suckers! China will nationalize- pd with US Tbills...
12
posted on
09/01/2009 2:37:02 AM PDT
by
beaware
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