TROY, MI – China’s automotive supply base in not faring well, despite what most industry observers agree has been a remarkable performance by the country’s auto makers so far this year, with domestic sales up 14% through May. So says Sherman Adams, a director at business advisory firm BBK. “China’s suppliers are feeling the pain of a declining global auto industry,” he tells attendees at a GlobalAutoIndustry.com conference here. Many Chinese suppliers, especially those reliant on ...
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