Change you can believe in – GM to give secrets away to China
As part of the completion of its corporate campus, General Motors broke ground this morning for the GM China Advanced Technical Center. The GM China Advanced Technical Center will include 62 test labs and nine research labs. It will be home to four key research and design organizations." As an integral element of our global product development strategy, the GM China Advanced Technical Center will create advanced technologies and lead GM's global research in targeted areas," said Kevin Wale, President and Managing Director of the GM China Group. "We expect it to become one of GM's most important and comprehensive technical and design facilities worldwide."
Foreign companies do not do business in China unless it is a joint venture with a Chinese company so they learn all the secrets and then later produce the goods themselves with their cheap 'slave'-like' labor. The Obama Administration controls GM and they are endorsing this hypocrisy? Once the western world gives away all their secrets and all goods are made in Asia just what is it that the western world, including the USA will have left? Change we can believe in indeed!