Bloomberg Says America Ought to Welcome Chinese Vehicles
A recent report from Bloomberg has made a strong case for allowing Chinese vehicles into the American market. China has made significant strides in the auto sector over the past couple of decades, growing from a country that was almost fully reliant on imported vehicles to one that now dominates the globe in vehicle sales. The U.S., on the other hand, has seen its auto sector decline for quite some time as American carmakers moved most of their manufacturing to China, where labor costs were significantly lower. Although the U.S. is still home to many of the world’s most dominant…
