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Cities Manufacturing

Chinese Companies Set Up Shop in the Motor City

A new wave of investment is happening in long-suffering Detroit. At first blush, that sounds eminently promising—the region, and the U.S. auto industry, is still rebounding from the recession, with mixed results. But the who and why paint a more complex picture. As part of their steady push into the U.S. auto industry, “Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers,” Bill Vlasic writes in The New York Times.   More