Chinese auto manufacturers flocking to open plants in Brazil

Tuesday, October 9th 2012 - 04:07 UTC

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Anhui Jianghuai Automobile Co Ltd has become the latest Chinese automaker to invest in a production project in Brazil, the world's fourth-largest automobile market, to avoid the high taxes on imported vehicles. Read full article

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Fred
Surprisingly Brazil keeps atracting Chinese auto makers.
Oct 09th, 2012 - 07:10 pm - Link - Report abuse 0
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ProRG_American
Good News! Much of these industries will be buying parts and supplies from the surrounding countries. Good for Brazil, good for Mercosur and Argentina.
Oct 09th, 2012 - 07:56 pm - Link - Report abuse 0
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