BMW's expansion setback in China may signal dimming outlook for carmakers

BMW's expansion setback in China may signal dimming outlook for carmakers
The recent refusal by the Chinese government to approve plans by BMW to expand its Shenyang site located in the northeastern part of the country has given rise to concerns that global carmakers could find it more difficult to secure regulatory approval on projects in China.
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enthusiastx11enthusiastx11 - 7/31/2013 5:18:35 PM
+1 Boost
china is the worst polluter in the world, has a totally corrupt government, and has air quality so bad that people wear masks in major cities. and this is why a foreign company isn't allowed to expand...laughable...

"The country’s Ministry of Environmental Protection disclosed that it sent back an application by BMW, citing inadequate wastewater analysis as well as the plan's failure to comply with government anti-pollution targets."


HolydudeHolydude - 8/1/2013 4:00:12 AM
+1 Boost
@enthusiastx11 - if it's so laughable, then why are these companies stampeding all over themselves trying to get into that market? Seriously, if you don't like it, then please get the fuck out. Otherwise, shut the fuck up with your stupid over-generalizations.


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