[phil_will1]

Two years ago J. D. Power predicted that the Chinese auto market would pass us in 2025 - 18 years. Now it has happened in 2009, which means that it only took two years.

[phil_will1]

Fairtax ping, please.

[gov_bean_ counter]

I read somewhere the top auto salesman in China is a fellow named Rick Shaw.

[goldstategop]

This was a country that just thirty years ago had few cars and didn't even have a modern road network. Now eastern China has freeways extending from Shanghai to Beijing.

"Show me just what Mohammed brought that was new, and there you will find only things evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelogus

[VR-21]

Send them the UAW.

[Let's Roll]

No unions in China, also no govt health insurance etc.

[Caipirabob]

But the increase in sales happened much faster than anyone expected because of China's tax cuts, its stimulus program and a depressed American market.

Even the commies understand that capitalism and tax cuts work to stimulate the economy.

Obama is intentionally destroying our nation.

* comment delete by user on the account the the racist bastard in chief isn't worth the co2 *

[Cyber Liberty]

Pretty crappy reportage. Plenty of space to mention air pollution and fuel prices because of the influx, and cars designed with Feng Shui, but not a word about how American car makers are benefiting, if at all.

[twigs]

Exactly why any legislation regarding emissions, etc. without China is totally missing the point.

[Mr Inviso]

Note that this says “Market for cars”, not “builder of cars”

duh.. with over a billion people, who are starting to have money for the first time, of COURSE they are the biggest MARKET for cars. Most people here in the US already have one, over in China, they don’t. It’s a lot harder to sell a car to someone with a car, than someone who doesn’t have one. Of course, the market there will be larger.. they have 5 times as many people!!

[phil_will1]

This is just one of many, many, many pieces of evidence that we are entering into a new era of greatly increased global competition. China, India and the other developing nations are at once a threat and a tremendous opportunity. Their rapidly expanding middle classes constitute a vast market for U.S produced goods - if we are aggressive enough and nimble enough to capitalize on the situation. That isn’t to say that there won’t be enormous challenges in doing so. Labor cost differentials are obviously an obstacle, as is our regulatory environment.

However, we also have to address the fact that we have a tax system which places foreign producers in a preferential position vs our own domestic producers, not only in foreign markets, but even here in our own domestic market - still the largest consumer market in the world.

This is just one of the reasons to pass the FairTax.

[Still Thinking]

Two years ago J. D. Power predicted that the Chinese auto market would pass us in 2025 - 18 years. Now it has happened in 2009, which means that it only took two years.

Well, since a grand total of 12 new cars were sold in '09, it was more a function of us passing them than the other way around.