, Columnist
U.S. Needs China Trade Deals, Not 'Remedies'
Despite the strict entry rules to the Chinese market, U.S. companies can't pass up unrivaled growth prospects.
Many roadblocks.
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China is the largest market for General Motors, but there is no GM China. Instead, there is SAIC-GM, a joint venture between China’s largest state-owned auto company and GM.
All auto companies operating in China have a similar partner, such as SAIC-Volkswagen, GAC-Toyota and Changan-Ford. And the partners are typically state-owned companies, and their names come first.