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In the Shadow of the Dragon
book

In the Shadow of the Dragon

by Winter Nie, William Dowell
May 2012
Intermediate to advanced content levelIntermediate to advanced
304 pages
6h 48m
English
AMACOM
Content preview from In the Shadow of the Dragon

THIRTEENThe Implications for China and the Rest of the World

E Pluribus Unum (“Out of many, one”)

—Motto on the Great Seal of the United States and on most U.S. coins

GM and the Volt: A Deal with China?

EXECUTIVES AT General Motors, the U.S. automobile giant, faced a dilemma. After skirting bankruptcy in the financial crisis and being forced to accept a U.S. government bailout, the company seemed on its way to full recovery. GM had been slow to develop a clean energy vehicle, but it now had the Chevrolet Volt, a nifty plug-in hybrid that relied on both batteries and a small gasoline-powered electric generator to extend its range to around 350 miles. GM was counting on the Volt to regain territory lost to Toyota’s pioneering hybrid Prius.

One ...

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Publisher Resources

ISBN: 9780814431702