This blog will expand on themes and topics first mentioned in my book, "The Automobile and American Life." I hope to comment on recent developments in the automobile industry, reviews of my readings on the history of the automobile, drafts of my new work, contributions from friends, descriptions of the museums and car shows I attend and anything else relevant to those interested in automobiles and auto history. Copyright 2009, 2010, 2011, 2012, 2013, 2014, 2015 , 2016 by the author.
Friday, December 9, 2011
China, the WTO, and the automoible exports
Hi folks -- Recently I have been listening to the English language "China Drive" radio show in the morning before I go to school. This morning there was a report that contained an interesting statistic: in 2000, when China joined the World Trade Organization, it exported a total of 15,000 cars; last year that number was 556,000 vehicles! Certainly by joining the WTO, the country was not hurt in terms of its automobile industry. In terms of imports, it has a 25% tariff, pretty high in terms of protectionism. So you just have to make your cars for that market in China!
Top ten destination countries of China 2008 automotive exports by value: Country Value U.S. $9.406 billion