China the New Detroit

Interesting round of golf today with some visitors from up North. It seems that the Chinese Government is poised to pour a few billion into its car production industry to grab a decisive advantage over the ailing U.S. producers...not that the Chinese producers aren't ailing...they are. But with the U.S. administration not able (news wires say not wanting.. but the U.S. is bankrupt so not able is correct) China sees a great opportunity...even if for a year it produces scrap metal!..China has waited ...and waited.... now it will pour its scientific expertise into developing a green car that will take the world by storm and beat Detroit by miles.. Watch this space!