Trade barriers and new regulatory demands imposed by Beijing almost monthly have failed to prevent foreign carmakers from making outsized profits in China, even as the groups complain about unfair treatment.
Most large automakers make at least one-quarter — and in some cases more than half — of their profits in China, far more than the share of vehicles sold there in many cases, recent analysis shows.
That is despite policies directed at foreign car companies by China’s government, which imposes tariffs on imports of as high as 25 per cent.
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