China's central government continues to believe that the only way the country's fledgling auto industry can eventually compete on the world stage is to merge its multitude of auto manufacturing firms into a handful of giant companies. Though such talk surfaced more than a year ago, little movement has been seen in that direction as the industry drives into 1999. But now there's a new urgency prompted by a series of auto industry merger proposals in the U.S. and Europe, which are expected ...

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