Car Company Bailouts Move To China, Japan And Europe Next

By 24/7 WALL ST., 
Published  2008-11-19 04:12:52
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A car industry bailout may save GM (GM), Ford (F), and Chrysler for a few months, but it is likely to set a painful precedent for governments in Asia and Europe. If troubled American auto companies can get cheap and ready loans, why shouldn't their peers in China, Japan, Russia, and Europe? Which country can afford to lose its automakers?
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