Honda CEO Toshihiro Mibe issued this blunt assessment after a visit to a Shanghai auto supplier factory operated by a major Chinese parts manufacturer.
And they are 100% right about their assumption. China isn‘t letting anyone in anymore. They use their entire state capitalist machine to reject foreign companies completely. Global companies should forget about China and decouple.
And they are 100% right about their assumption. China isn‘t letting anyone in anymore. They use their entire state capitalist machine to reject foreign companies completely. Global companies should forget about China and decouple.
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