We cannot sustain a conversation about globalization without paying due attention to China and its massive impact on the repositioning of the world’s superpowers, owed to its incredible success in manufacturing. In “China Makes, the World Takes,” James Fallows reflects on the glittering city of Shenzhen, one of many testaments to China’s unthinkably rapid development over the … [Read more...]
Ford in China
The largest market for automobiles is China. A growing middle class with a disposable income is ready to make use of China’s expansive highway networks and purchase their own vehicles. Ford is currently trying to break through in to the Chinese market for automobile but only accounts for 2% of the marketshare. Interestingly enough, it's main competitor in China is GM who … [Read more...]