SHANGHAI – The challenges of doing business in China’s booming automotive industry are, without question, overwhelming. There is no network of stable, qualified suppliers for components. Logistics chains are so long that suppliers must stockpile reserves – hardly a model of just-in-time efficiency. The Chinese government institutes rolling blackouts when regional powerplants are nearing capacity. ZF board member Hans-Georg Haerter sees improvement in China supply chain. In addition, ...
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