homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

October 9, 2009

China has big promise, big problems

  • Beijing is getting its sprawling, chaotic house in order and is in no position to supplant the United States as global leader in the near future.
    • By JOE McDONALD
    AP Business Writer

    BEIJING — The auto-parts maker Delphi Corp. is headquartered in Troy, Mich., in the heart of the region that made the United States the car capital of the world. It's a place where the phrase “buy American” is right at home.

    Now the 3,000 employees of Delphi's brake and suspension unit are getting a new boss. Battered by weak sales, Delphi is selling the unit to investors led by a company named Shougang Corp.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.