Daewoo bankruptcy Chinese car can not afford to open the topic 3


Daewoo Bankruptcy Chinese cars can't hide the topic 3 To improve their own independent development capabilities. Under the current circumstances of global economic integration, whether China's auto industry can truly develop a path of self-development is particularly worthy of attention. South Korea’s success lies in its pursuit of economic liberalism. At the same time, Korea’s unsuccessfulness is also due to its incomplete economic liberalism. If China’s auto industry allows private entry, China’s auto industry is stronger than the Korean auto industry. The economist Yang Xiaokai believes that if China’s auto industry allows private entry, China’s auto industry is definitely better than South Korea’s auto industry. South Korea’s population is just over 40 million. China has a much larger market than it is, and the auto industry should be able to Better. South Korea’s success was related to the fact that since the end of the postwar era in 1945, it has pursued economic liberalism, engaged in free enterprise, and engaged in private business, and the South Korean economy has progressed so rapidly. However, although the Korean banks are basically private, the chairman is appointed by the government. In this way, the government has the right to manipulate and control the bank, the government wants to invest in the bank, and the interest rate. The general government sets the interest rate very low, concentrates on those companies that the government considers important, and has a strong industrial policy. Through government control, some capitals with very low interest rates have been given to large consortia. These big consortiums are irresponsible, just like our state-owned companies. These capitals are easily available and cheap.

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