Tuesday, March 13, 2007

The World is a 99-cent Store to China

Mark Chilvers for The New York Times.

Wang Hongbiao, the chairman of Nanjing Automobile in the United Kingdom, with a classic MG at a factory in Longbridge, England.

Above JPEG and caption from The New York Times.


China is swelling with liquidity and it's gobbling troubled name brands across the globe. Building its own brands would be too slow to sustain that annual double digit economic growth to keep any massive social unrest at bay.

The Classic British Sports Car From China by Craig S. Smith, March 13, 2007, New York Times.

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