Auto Parts Opportunities
Nov 12, 2009
Low cost was once the main "competitive advantage" of Chinese auto parts manufacturers,a result of the country's cheap labor costs. However,this export-oriented industry has suffered as the financial crisis dealt a body blow to its clients in North America and Europe. But now,there could be some light at the end of the tunnel.
BON's DUAN YAN visited a seminar in Beijing which hopes to bring together Canadian and Chinese auto parts makers in a mutually beneficial arrangement.
Tags: Auto Parts,competitive advantage,low labor cost