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KJP712
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Trade in my own account and owner of KJP Enterprises.Also Trade stocks for Family and friends.
  • Detroit,China 0 comments
    Apr 21, 2013 10:52 PM | about stocks: GM

    General Motors - GM - announced plans to build 4 new plants in China by 2015.GM's China president,Bob Socia played coy when asked if any of these vehicles made in China would be exported to the U.S.Possible,maybe,makes some sense was a few things to come out of his mouth.Someone should have asked,Are you moving your headquarters from Detroit to China? Or an Global Enterprise Zone be set up in Detroit funded by China to employ American workers? They could tear down all the crumbling buildings and construct new Ghost cities.At least the Housing sector would get a boost putting construction workers back on the job.It might be a win-win for both GM and China to come together on a massive joint venture.From a public relations viewpoint,of course.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: GM
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