In the News
China's State-Owned Car Making Giants
18th September 2016
China is now easily the biggest manufacturer of cars in the world (overtaking Japan and Germany some time ago). In 2015, the country manufactured 21 million cars in production plants located in China. While a large amount of these vehicles are produced as joint ventures with MNCs such as Volkswagen, a significant and growing share comes from China's own vehicle assembly businesses, most of which are state-owned and the majority we have probably never heard of. The graphic below introduces you to them!
You will find more statistics at Statista
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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