no comment
Enter the dragon.
Are they selling Cadillac's there?
Bruce. >:D
I fail to see how taking Chinese money and bring it back to a US corporation is bad? General rule in international trade is take their money and use it in your country.
Stampie
I agree with Stampie.
Its GREAT that we have a US company making products that are desirable in another country, and that they are buying them in such numbers...and bringing the $$ home to U.S....IF that's where the money is going!
Kinda like Honda selling cars here in the US back in the 70's. They took OUR money for their economy, and I'll bet the US bought more Hondas than Japan did!
Now then, if we could just get the US interested in US products again....(sigh)
Without getting into a discussion of global macro-economics, the picture isn't as rosy as it might seem.
The US is indebted to China beyond all imagination as a result of China's holding of US bonds. The sale of cars is really just a form of payment on this debt. The end result is still a net outflow of national treasure to the communist Chinese government.
Quote from: The Tassie Devil(le) (Bruce Reynolds) on December 01, 2009, 09:35:12 PM
Are they selling Cadillac's there?
I believe Buick is the leading seller in China.
Money and debt issues aside, having the slightest transparency into China's industries is huge. Inroads to their economy are providing this, to an extent. Our biggest problem is in being a debtor nation. It doesn't matter to whom. They are beating us at our own game.
You are correct on all counts Chris. The Lucurne is most popular model.
Quote from: Otto Skorzeny on December 02, 2009, 09:56:10 AM
Without getting into a discussion of global macro-economics, the picture isn't as rosy as it might seem.
The US is indebted to China beyond all imagination as a result of China's holding of US bonds. The sale of cars is really just a form of payment on this debt. The end result is still a net outflow of national treasure to the communist Chinese government.
But just remember when we sold the bonds to China we got the cash and used it in our economy or somewhere in our country. EAM
Through it down a rat hole you mean, EAM. Now we're paying interest on it to boot.
Quote from: Otto Skorzeny on December 02, 2009, 02:39:43 PM
Through it down a rat hole you mean, EAM. Now we're paying interest on it to boot.
You might be right but this is what happens when you have left-wing nuts in control of our country. EAM
So, no Cadillacs sold in China?
Bruce. >:D
Here's a Chinese built Cadillac:
http://www.autoblog.com/2006/11/11/more-on-chinas-cadillac-sls/
So much for Americans building them and exporting them. Of course when you have a choice between using overpaid union workers or coolies, the choice is clear.
http://www.msnbc.msn.com/id/20214143/
2010 Chinese SLS http://www.egmcartech.com/2009/11/24/2010-cadillac-sls-for-china-debuts-at-guangzhou-auto-show/
I wonder how long it will be before we start importing these Cadillacs from China? Everything else is made over there.
The Chinese market SLS (and the Chinese market Buicks for that matter) are way nicer then their US-market counterparts. The interior of the SLS, and the long-wheelbase model in particular, is something the US-market Cadillac could really use.
Chinalacs?
Stampie! We've built a huge fire breathing monster. 20 years ago everyone in China dressed alike, had funny hats, and walked or rode bikes. We built 10 million factories for them, and closed them all here. Our entire nation has been living on borrowed money for decades. It is all coming to an end, and China has no dept of their own, but owns huge amounts of our dept. Just the interest we pay is a BILLION dollars every 2 days. Not 1 cent of the principle on our borrowing has ever been paid back. Bottom line, the biggest Capitolist nation in history is on her knees begging and pleading with the biggest Communist nation to loan us more and more money. IRONIC AND TERRIFYING!! So you have no problem with Commies buying more GM cars than Americans?? Cadillacs being built in CHINA?? Boeing outsourcing all wing, fuselage, cockpit, every assembly except GE engines, to foreigners?? As a great nation it seems we're doomed, and we did it to ourselves. I NEVER EVER buy Chinese unless I can't find something used or at garage sale. The dollar is doomed. Not only is it in a nosedive, but when it's dropped as the worlds reserve currency which has been since the Bretton Woods agreement in 47, that's the end. Here's how I save MY money.
I hope that is Gold?
Bruce. >:D
And some 100 Oz bars.
No Tassie. I'm a simple peasant.
The leading luxury car and thought to be most popular in China is the "Audi".
Tony M.