Big wheels get ready for the fast lane despite labor bumps
By Li Fangfang | China Daily | Updated: 2010-06-23 08:10
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Workers at a Honda production line in Guangzhou. China's automobile sales are expected to maintain year-on-year growth of 20 percent in the next five years. Provided to China Daily |
BEIJING - China will retain its competitive edge and remain a favorite manufacturing destination for global automakers, but the recent labor unrests may increase costs for companies, industry sources and analysts said on Tuesday.
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