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There has been talk of this for some time, looks like GM and SAIC signed on the dotted line.

As is pointed out in article, the Chinese will be the benefactor of the taxpayer funded Volt technology from Government Motors.

1 posted on 01/08/2012 11:57:59 AM PST by jazusamo
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To: jazusamo

Wonder how crash-prone these cars will be . . . like their high-speed trains?


2 posted on 01/08/2012 12:01:07 PM PST by Olog-hai
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To: jazusamo

NO Unions in China.. well duuugh..
U.S. Unionized Auto workers are Soooo dumb..


3 posted on 01/08/2012 12:01:20 PM PST by hosepipe (This propaganda has been edited to include some fully orbed hyperbole...)
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To: jazusamo
MSN Autos - General Motors announced in Shanghai today that it will jointly develop an electric vehicle with longtime Chinese partner SAIC -- a move that some U.S. lawmakers have likened to a shakedown.

Since this is the same GM that screwed their bond holders for the unions and accepted government bailouts it can be likened to taxpayers funding business in China.

Another piece of the Constitution shredded via 0bama.

4 posted on 01/08/2012 12:02:53 PM PST by EGPWS (Trust in God, question everyone else)
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To: jazusamo
In assume the Chinese will soon start marketing a new style of barbecue. And call it the volt. But then, Maybe the will start selling a do it yourself cremation kit.
5 posted on 01/08/2012 12:04:23 PM PST by org.whodat (What is the difference in Newt's, Perry's and Willard's positions on Amnesty.)
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To: jazusamo

the Chinese will be the benefactor of the taxpayer funded Volt technology from Government Motors

That will bring the Chinese to their knees


6 posted on 01/08/2012 12:07:17 PM PST by molson209
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To: jazusamo
And we just didn't let them go bankrupt, why??

The people said "Let them go bankrupT". Obama the dictator said different. Congress needs a whoopin' too.

7 posted on 01/08/2012 12:08:50 PM PST by Sacajaweau
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To: jazusamo

The American-made, Obam-supported Chevrolet Volt electric vehicle already had to be recalled due to catching on fire, so GMC is going to China for an EV? Hahahahahaha! It’d be funnier if I wasn’t paying for it!!


9 posted on 01/08/2012 12:10:12 PM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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To: jazusamo

“China also imposes heavy tariffs on imported cars, which some argue violates world trade rules, and offers substantial subsidies of about $19,000 per electric vehicle only for cars built in China. “

OMG, the Chinese are sabotaging their own economic growth! Don’t they know free trade would benefit them and that protectionism destroys their industry?

/s


11 posted on 01/08/2012 12:11:02 PM PST by LastNorwegian
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To: jazusamo
As is pointed out in article, the Chinese will be the benefactor of the taxpayer funded Volt technology from Government Motors.

I suppose that's one way to destroy the Chinese economy...

12 posted on 01/08/2012 12:12:31 PM PST by null and void (Day 1083 of America's ObamaVacation from reality [Heroes aren't made, Frank, they're cornered...])
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To: jazusamo

China is amazing. Very soon they will be producing more of everything than anyone else in the world. And when that happens, soon after, they will be buying more of everything than anyone else in the world.


13 posted on 01/08/2012 12:17:30 PM PST by mamelukesabre
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To: jazusamo
China has built its manufacturing infrastructure around low-cost production and continues to lag behind other developed countries when it comes to developing and implementing cutting-edge automotive technology.

What other kind of technology is there in Red China other than stolen? When the Nytimese publish an article agreeing that one of their favorite countries has problems you know it's true!

The Real Problem With China "For the United States, the No. 1 problem with China’s economy is probably intellectual property theft. Technology companies, for example, continue to notice Chinese government agencies downloading software updates for programs they have never bought, at least not legally . . . China’s leaders have reason to be nervous about all the barriers they have built. China’s elite, in government and business, are deeply concerned that their companies remain unable to create truly innovative products."

China calls us a paper tiger. Red China is carbon paper -- and they had to steal the carbon paper!

.. and when Red China kicks GM out with NOTHING! don't go begging Congress for another TARP, GM -- or we'll go asking Congress to go after you for treason!

14 posted on 01/08/2012 12:25:52 PM PST by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: jazusamo

“As is pointed out in article, the Chinese will be the benefactor of the taxpayer funded Volt technology from Government Motors.”

In the intelligence world, they have a term for useless technology meant to lead an enemy down a blind alley: “disinformation”.


17 posted on 01/08/2012 12:33:16 PM PST by BobL ("Heartless" and "Inhumane" FReepers for Cain - we've HAD ENOUGH)
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To: jazusamo

There already is a trade war between China and the US - only one side has been fighting it however...


19 posted on 01/08/2012 12:55:41 PM PST by Last Dakotan
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To: jazusamo

Does anybody own GM stock anymore?

GM will be gone in 5 years...sooner if Obama is re-elected.


20 posted on 01/08/2012 2:02:12 PM PST by hattend (If I wanted you dead, you'd be dead. - Cameron Connor)
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