GM Entered China in 1997 Through a Joint Venture with Shanghai

Multiple Choice

GM entered China in 1997 through a joint venture with Shanghai Automotive Industrial Corp.(SAIC) .Which of the following factors best contributes to the fact that the Chinese market already accounts for 25 percent of GM's total revenues?

A) Chinese workers cost only a fraction of what U.S. workers do.
B) The company operates a larger number of assembly plants in China than the U.S.
C) The China operation sells more vehicles while employing twice the number of employees.
D) GM's China operation has never been cost-competitive.