Topic > BMW Case Study - 1067
There was a drastic increase between 2001 and 2002 due to WTO participation. Compared to other countries, China shows the largest increase among all and this pattern will likely continue due to a series of new international trade policies. The Chinese market grew from a closed market before 1980 to a market with select types of automobiles, mostly made in China, and then to a market that brought in some mainstream passenger production. (Luo 12); however, the WTO creates a lot of competition even among luxury brands. Different brands need to use different strategies to adapt to rapid changes
tags