China Plans to Open Car Market By 2022

After weeks of unpleasant trade talk and posturing between Washington and Beijing, China's lead economic planner announced the country would be easing limits on foreign ownership of automotive ventures. While an official metric was not posted, it will be less than the current 50-percent cap non-Chinese automakers have been limited to since 1994. But, for […] The post China Plans to Open Car Market By 2022 appeared first on The Truth About Cars. from The Truth About Cars https://ift.tt/Jh8LjA