24/7 Wall St.
07-27-2008, 09:10 AM
24/7 Wall St. Daily News
GM (GM) does well in China, but based on the company's dire situation in North America, it is going to have to do a lot better in the world's most populated country and other very large emerging markets. According to The Telegraph, the head of GM's Asian operations said "that growth seen in emerging markets is not a short-term phenomenon but "is likely to last 10-20 years at least".http://feeds.feedburner.com/~f/typepad/RyNm?i=VJqdsJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=VJqdsJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=6U0kFJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=6U0kFJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=YemA6j</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=YemA6j)
complete story here... (http://www.247wallst.com/2008/07/without-china-g.html)
GM (GM) does well in China, but based on the company's dire situation in North America, it is going to have to do a lot better in the world's most populated country and other very large emerging markets. According to The Telegraph, the head of GM's Asian operations said "that growth seen in emerging markets is not a short-term phenomenon but "is likely to last 10-20 years at least".http://feeds.feedburner.com/~f/typepad/RyNm?i=VJqdsJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=VJqdsJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=6U0kFJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=6U0kFJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=YemA6j</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=YemA6j)
complete story here... (http://www.247wallst.com/2008/07/without-china-g.html)