Fortune asks, "Is the party in China over?"
LMC Automotive predicts that the 2012 vehicle market in China will only be growing at a 9.2-percent rate, less than half of last year's rate, according to the report. Perhaps more chilling is that the Chinese government wants to keep foreign automakers from expanding, in an effort to shield it's own domestic industry. While GM and Ford are already established in China, Chrysler – which does not build cars in the country yet – might be shut out given the new policies, Fortune says.
Then there's the possibility of an economic crisis in China, fueled by a combination of rapid middle class income growth and the expansion of state-owned companies, which some analysts say could happen in just three years. No matter how you look at it, the gold rush in China is likely coming to its inevitable end.
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