obligations that had set minimum

obligations that had set minimum

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units; by 2000, this number had doubled. The country’s accession to the WTO further opened up its automotive market. China reduced tariffs on imported cars and gradually removed obligations that had set minimum percentages of Chinese-made parts in car production. Alongside these developments, the burgeoning Chinese middle class’s increased demand for personal vehicles meant German car manufacturers invested heavily in making German cars in China. Chancellor Angela Merkel’s visit to the Daimler joint venture in Beijing in 2008 embodied the enthusiasm for stronger ties between “Made in Germany” and “Made in China”. สล็อตเว็บตรง