Analysts from the Chinese Academy of Social Science and ChinaDevelopment Research Center have proposed the idea of one-time 10% revaluation of the RMB.
General Motors has also spent billions on technical, design and development facilities across China, including a joint advanced technical center and proving grounds outside Shanghai.
On March 12, the company announced that it will buy Beijing Secular Bird Culture and Art DevelopmentCenter, a music production and offline music distribution record label in China.