7 January 2012 0 Comments

General Motors Corporatist: US Taxpayer Finances Unionized, Government Owned GM to Expand in China

President Barack Obama Finances Unionized Corporatist Crony Taxpayer Financed Capitalist General MotorsĀ  to Invest in China and Create Productive Jobs in China. China’s SEIC is a 1% stockholder in US Taxpayer Financed General Motors.


Chevrolet Sail compact cars built at a Shanghai GM joint venture were lined up last October before being loaded onto a cargo ship in Yantai, China.”

WSJ’s Sharon Terlep has the story of General Motors making efforts to increase in presence in China by expanding its relationship with China-based SAIC Motor Corp.

The pairing with SAIC, China’s largest domestic auto maker, is critical to GM’s global strategy, not just its plans in China, Mr. Akerson said. He is in Shanghai this week where the GM board is holding its first-ever monthly meeting in China, the world’s largest auto market.”

VIDEO REPORTS on GM and SEIC relationship.WSJ’s Sharon Terlep has the story of General Motors making efforts to increase in presence in China by expanding its relationship with China-based SAIC Motor Corp.

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