My Comments: Not talked about much during the recent election campaign but in the back of my mind as I pondered the merits of the GOP vs Dems.

The neo-con crowd who were backing Romney were the same people who pushed as hard as anyone to get us into Iraq in 2002-03 and have been pushing the Pentagon to get ready to bomb China before they get too important. How better to keep the US identified as the biggest, baddest, kick-their ass country on the planet?

Never mind that companies like GM have been building business relationships with China for over 15 years now. Here is an example of how this is all likely to play out over the next generation as the emerging middle class in China, car buyers all, want what we have, which is freedom to express themselves, grow families, take vacations and enjoy life.

Monday, December 3, 2012 at 12:30PM

GM reached out to China’s auto firm SAIC in the late 1990s, and the fruits of that joint venture continue to pile up, according to the Wall Street Journal last Thursday:

General Motors China and Chinese joint-venture partners agreed to build a third commercial vehicle factory in southwest China to meet growing demand and protect GM’s status as the largest auto maker by volume in the country.

The $1billion plant is looking to crank out 400k vehicles per year by 2015, giving GM and its partners a total capacity of 2m vehicles. China’s light vehicles market will top 20m next year, while the US remains around 15m. 600 or so new dealerships planned across China, bringing the volume to 3500 total.

Nothing marks you more fully as globalization’s demand center than to have the car market. That was America in the 20th century, and it’s China in the 21st.

Referenced from: http://thomaspmbarnett.com/globlogization/2012/12/3/big-gm-investment-in-china.html#ixzz2E1PwSFqR