1. Advantages (1) The automobile industry has become a pillar industry of the national economy. Industrial policy supports the larger automobile industry as one of the pillar industries in China. It involves a wide range of industries, and has a long industry …

A few days ago, China's Sichuan Bochum Industrial Group and Wescast Industrial Company signed an agreement to complete the acquisition of the latter at a price of nearly 200 million U.S. dollars.

The two sides started negotiating acquisitions last…