How Does GM Beat Ford in China

Everyone knows that there is a huge automobile market in China. The prosper economy in China was boosting the future car-purchasing power of many consumers, giving both the business and private cars great opportunity. The whole market is worth billions of dollars every year. Car sales in China should grow 20% annually through year 2010, from 1995's 380,000 cars, and reach 3 million within a decade, estimates LIU Jinghui, an associate at A.T. Kearney in Beijing. For the same reason, every big automaker in the world wants to enter this growing market, and they also know that those who entered first would have the biggest cake.…