David Fickling, Columnist

This Mini Could Breach China's Great Wall

A new production base would allow BMW to build a more competitive global supply chain.
Photographer: Chris Ratcliffe/Bloomberg
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The world's biggest car market has traditionally raised a great wall of tariffs and regulations against foreign invaders.

To make automobiles in China, international firms have had to enter joint ventures with local partners. While imports represent about a third of car sales in the U.S., in China they're rarely more than a percentage point or so.