Chinese auto manufacturers, which sold about 18 million cars on
their home turf in 2011, are increasingly looking to other emerging
markets as stepping-stones in their long-term quest for global trade
prominence. There are a variety of reasons why Latin America is
increasingly a focus of that strategy, including rising per-capita
wealth and market conditions that are similar to China’s. And for a
growing number of consumers from Bogota to Brasilia who are willing to
take a chance on China's relatively unknown brands, the price is right.
Publish Date: Jan 25, 2012 [access it here]
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