China: The Auto Industry's Latest Darling
Germany
Source: Heute Journal (German TV news program)
From: Germany

Not for nothing did Stuttgart car manufacturers Porsche present their newest luxury model " Panamera" at the Shanghai Motor Show. Over the last few years China has developed into one of the most important locations for the automotive industry and is now ready to take a leap: The country wants to become the market leader in electric cars within a short period of time. In discussion with the ZDF (Germany’s second TV channel) Thomas Schiller, Arthur D. Little’s automotive expert in China, presented a new study “Shifting Centers of Gravity" and explained why China’s significance in automotive manufacturing will continue to grow.