European vehicle manufacturers aren't thrilled with Chinese decrees that foreign automakers must engage in joint ventures with domestic companies. They feel (and rightly so), that the playing field is set for an uphill run to the goal for their products, as well as their long-term business plans. So much so, in fact, that they're threatening to go to the World Trade Organization with their grievances if the Chinese don't offer some redress to their complaints. And although the Chinese are eager to become an automotive powerhouse, somehow we don't see them backing down. What say ye, oh mighty WTO? What say ye?
EU Renews Threat to Take China to WTO over Cars [Planet Ark]
Still Feel Ghosn: Renault to Bail on China? [Internal]