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A surprise shift in policy by the Chinese government could be a boon to GM's efforts to expand in China.
The Chinese government just announced a shift in policy, moving to encourage foreign automakers to invest in factories in the country's up-and-coming western region. That's likely to be a boon for General Motors (GM 0.87%), which recently said that it's planning to invest $11 million in new investments in China.
In this video, Fool contributor John Rosevear looks at GM's big expansion plans for China -- and at the moves being made by its key rivals to take advantage of this big new market.
John Rosevear is a Senior Contributing Motley Fool Auto Analyst covering publicly traded companies in the auto industry and issues affecting the global economy. John is a former CNBC reporter covering electric vehicle makers and the future of the auto industry. He also spent several years at Fidelity Investments in various communications and investor education roles. He holds a B.A. in Government from Cornell University. Fun fact: John once spent an entire day sitting on the floor of Peter Lynch's office — and yes, Lynch was there at the time!
Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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