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Five years after China's ascension to the World Trade Organization, examines the development in China's automobile industry and how this has affected the national auto manufacturers. There are over 30 Sino-foreign automobile manufacturers in China and competition is keen. An auto industry critic says competition helps the growth of the industry and that the government should not protect or interfere with the industry. He says there is a social cost involved in promoting the industry, which is endless traffic jams, and this is aggravating the rapid urbanization in China. Looks at the development of China's Geely Automobile Holdings Ltd.
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