Just like any fledgling automotive industry, China's got some growing pains way deep down in the cockles — maybe even in the sub cockle-area — due to the huge influx of domestic and foreign capital. Those growing pains are forcing China to echo the immortal words of Paul Simon and Art Garfunkel: "Slow down, you move to fast. You've got to make this moment last. Just kicking down the cobble stones, lookin' for fun and feelin' groovy." Unfortunately, this will more than likely make our domestic automakers "feelin' crappy" without the ability to continue their expansionist ways into the Asian continent. Oh well — maybe now they'll focus on fixin' NorAm operations, eh?
China hopes to cool off car industry and other sectors [Xinhuanet]
Related:
Roll Another Number for the Road: DCX Decides to Increase China Investment Due to Sales Growth [internal]