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General Motors makes 58% of its entire profit in the Chinese Car market. Ford makes 18% of its profit from China. So clearly, US gains by trade in cars. This is
by npalli 12y ago
General Motors makes 58% of its entire profit in the Chinese Car market. Ford makes 18% of its profit from China. So clearly, US gains by trade in cars. This is clearly one example. The broader point is that a whole lot of US companies make money in China.
http://www.wsj.com/articles/detroits-road-through-china-narrows-ahead-heard-on-the-street-1419922609 http://www.wsj.com/articles/detroits-road-through-china-narr...
- seanmcdirmid 12y agoBut don't that have to split those with their JVs, or is that their actual non divided take? (Forgive me, WSJ is blocked by the GFW) The US has a decent case against China if they want to go to the WTO, but I guess they've decided for now at least, it's not worth it.
- tacticus 12y agoWouldn't the US need to at least follow WTO findings if they wanted to use the WTO for that or risk China just ignoring it.
- seanmcdirmid 12y agoSure, but I don't think the case is weak. Much of China's internet blocking is blatantly economic, and whats more: China refuses to officially acknowledge that it blocks these websites at all, it just does. However, like everyone says, US companies make money in China, while the US wants to maintain a strong relationship, while WTO action would probably just devolve into another pointless tit for tat, so why bother going there?