Facing a Slowdown, China?s Auto Industry Presses for a Bailout From Beijing
China?s car industry is quietly pressing Beijing for government help as it copes with a jarring slowdown, top Chinese auto executives said.
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Well, atleast the Chinese aren't on Capital Hill asking our Congress to bail them out.
This whole collapse of the global economy is just really scary. I've taken a large pay cut this year, just to keep my job. Even the Chinese automakers are crying foul that if the big 3 get help it will put an unfair advantage to the Chinese automakers to enter/compete in the US market. Huh? |
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