China and the Automobile Industry - 895 Words

#### This is incomplete ### China has emerged as the center of focus in the automobile industry. From its mere production of trucks in the earlier years of development and the further production of saloon cars for specific members of the political class, the country has evolved to be leading producer and consumer of cars. This has been through various pitfalls in the process of growth with success and failure of certain policies. One of the significant events that were followed by a spur in the growth of local production was its accession in the WTO. Nevertheless, with the mix of other macro economic variables, the future trend of the industry may take a different direction due to possible factors for instance domestic foreign investment (DFI) and possible market saturation or even economic downfall. The aim of this research is to examine the future trend of the industry through the varied related macroeconomic variables. The researcher asks: What future growth is expected in the Chinese automotive industry following its historical trend? In order to answer the research question, the researcher came up with a set of objectives which include: 1. To investigate the trend of the Chinese automobile industry in comparison with other countries 2. To investigate the relationship between the growth of the automobile industry and related macroeconomic variables 3. To investigate the presence of a causal relationship between the growth of the Chinese automobile industry and theShow MoreRelatedChina Automobile Industry : Interconnected Supply Chain1992 Words   |  8 Pages CHINA AUTOMOBILE INDUSTRY: INTERCONNECTED SUPPLY CHAIN ISYE 6339 REPORT â€Æ' Introduction of Chinese automobile industry Among all the industrialization processes in China, no one can compare with automotive industry, which may be more important than others. It is a catalyst for many other related factors of the economy. 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Why build cars in NorthRead MoreCase Study : Global Automobile Manufacturing Industry1109 Words   |  5 PagesWhen analyzing and industry, it is important identify and define the industry in question before the industrial analysis begins (Parnell, 2014). Additional important considerations when analyzing an industry include determining which stage in the industry life cycle the industry currently resides, as well as a thorough identification and analysis of key competitors. Skoda operates in the global automobile manufacturing industry. The global automobile manufacturing industry, for the purpose of thisRead M orehgjcyy934 Words   |  4 Pagesnormalization of US – China relations following the visit of President Nixon (Li and Ding, 2013). The country began to open up and moved its focus from the struggle for class to the development of productive power. The country began to transit from a centrally planned to a market economy. This means that various ministries, and provincial and municipalities were more autonomous in decision making and therefore made a choice to develop their regions through the auto industry development leading to