SOUTHFIELD, MI – China isn’t playing catch-up in its bid to become an economic superpower; it’s striving to lead the parade, says Ford Motor Co.’s president and chief operating officer. “The Chinese strategy is not to go for old technology, not to go for old machine tools…they are plunging straight into latest-level technology,” Nick Scheele tells a meeting of the Society of Automotive Analysts here. Nick Scheele urges suppliers to set up shop in China. Scheele urges suppliers ...

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