Oh, and Meat
Your behind the times, they are leaving Singapore now, they are going to Viet Nam now. My husband's friend that works for GE, was in China for 2 weeks, spent a week in Viet Nam. China is getting to expensive now, off to poorer workers, Viet Nam, here they come.
You're behind on times too! China is filling its GE losses with Obama's Government Motors Chevy Volt.
See, Confucious say loan farmer yen to buy hen
When hen get fed real good and farmer pay back yen
Then Chinese man steal hen, LOL.
GM deal moves electric car development to China -- a 'shakedown'?
UPDATE 11:40 ET with Girsky comments on deal, building Volts in China.
General Motors agreed in Shanghai today to develop an electric vehicle platform with longtime Chinese partner SAIC. It effectively moves GM's future electric vehicle development to China. Unclear is whether this would also lead to assembly of future EVs for the U.S. market in China.
The deal came as the Chinese government is pushing foreign automakers to give Chinese companies EV technology they lack, according to an Associated Press report. U.S. lawmakers have complained that China is "shaking down" GM to get Volt secrets. Electric vehicle development in the U.S. has been developed with extensive U.S. taxpayer funding. Confucious say "Thank You Mr. Obama"
America is getting to expensive now, off to poorer workers, China, here they come.
The Chinese government is pushing electrics with a subsidy that amounts to about $19,000 per car -- but only if the car is made in China. No imports allowed. There also are tariffs on cars imported to China, which lawmakers argue are unfair and may violate world trade rules. LOL, like the Chinese give a damn about some agreement. They act like they paid for it. Oh' wait they did, never mind I forgot.
Looks like a shakedown to me, NEXT!