Sorry, Donald Trump: General Motors Co. isn’t leaving China anytime soon. He also pointed out that nothing was “being closed in Mexico & China” and that GM’s bet on China wouldn’t pay off. U.S. President Donald Trump and President Xi Jinping of China talk in Beijing in 2017. Not only is China its biggest market, GM has done a better job navigating the nation’s potholes than its peers Ford Motor Co. and Fiat Chrysler Automobiles NV. Now they should pay careful attention to the company’s spending for clues it may prove Trump wrong on China.
Source: thestar November 28, 2018 17:00 UTC