China Carmakers Wants to Beat U.S. Tariffs | Business Matters (October 23)

Don Ma
By Don Ma
October 23, 2024Business Matters
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China is ramping up its car production overseas.

Based on a report by Bloomberg, Chinese automakers could more than double their manufacturing capabilities in a matter of years.

This would be to combat import tariffs from the US, the EU, and more.

As a result, investments in manufacturing outside of China are booming.