New rules to boost Chinese domestic partsmakers

By Alysha Webb, Automotive News Europe

China’s new import tax regulations create opportunities for suppliers already manufacturing in the country.

But suppliers outside of China could lose business as automakers look to source locally to avoid the taxes.

“Component producers will be forced to come to China or lose business,” said Jan Borgonjon, president of Beijing-based InterChina Consulting.

Said Jorge Buchholz, CEO of Sinoc Automotive Technology: “If automakers are high volume, now they have to consider to localize production. Supplier companies which are already here…

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