BEIJING — China's pending accession to the World Trade Organization (WTO), expected to occur within the year, is poised to shake up China's entire automotive industry — and no sector will be harder hit than the domestic automotive parts suppliers. A state mandate that Sino-foreign automotive ventures use a minimum 40% local parts content has managed to fuel business for an estimated 1,400 automotive suppliers in China. With WTO membership, however, not only will such domestic-content ...
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