Chinese car makers gear up to take on western competitors
This article talks about the coming wave of Chinese-produced cars (people are also starting to import them into the U.S.).
“In the short term, this is unlikely to worry rival European manufacturers. Many consumers are also initially likely to dismiss an unknown brand from a country better known for producing toys and buttons. But if past experience of Japanese and Korean car imports is any guide, the scorn will be replaced by respect.”
This will be interesting to watch. If China is going to compete solely on “cheap labor”, I wouldn't expect their quality to improve over time, as the Japansese improved, let by Toyota. But, if China is adapting lean concepts as well, they will be a scary competitor to fight against.