Word: shanghaigm
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...senior executives are counting on for the growth needed to stay ahead of Japan's Toyota Motor Corp, had its credit rating downgraded by a Hong Kong-based rating service. Key issues in the downgrade were concerns about over capacity in the midsized segment in China where ShanghaiGM has targeted investment, as well as the lack of fuel-efficient vehicles that both Chinese consumers and the Chinese government are demanding for the future, the report notes...
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