Quote:
Originally Posted by gmparts
I'm refering to the possibility of China nixing the sale, not the taskforce. My point was, if a private enterprise wants to buy Hummer it should be their call, not Chairman Mao
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Why shouldn't a Government step in and say we don not approve of the fuel consumption. Isn't that what CAFE will do? You may also find that the buyer is a state owned enterprise (I haven't checked).
Anyway China does not have Private Enterprise in the sense that the US or Australia has so a Communist or even Socialist Government will always have to approve of such large scale investments. The same thing happens everywhere. Chinalco was trying to buy a share of Rio Tinto but the Australian Government referred it to the Foreign Investment Review Board. It works with Governments from both sides of the transaction.
I don't think they need to buy Hummer anyway even though they would be a suitable vehicle for some remote parts of China.