SHANGHAI — China reportedly plans to spend $6 billion in the creation of an immense automotive park over the next five years, as part of an effort to help auto makers here compete against the rise of foreign competition when China enters into the World Trade Organization. The 68 sq.-km (26 sq.-mile) Shanghai International Automobile City will be located in an area that already houses Shanghai Volkswagen Automotive Co. Ltd., one of the country’s top car-making ventures. Construction of the ...
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