VOICED: Automakers compete to tap into China's market

The video discusses the growth of China's car market despite global economic challenges. It highlights China's importance as a growth market, with foreign manufacturers like General Motors seeking opportunities despite their struggles elsewhere. Chinese manufacturers, holding 30% of the market, are improving their competitiveness. Companies like BYD are innovating with electric vehicles, aiming to expand into the US market by 2011.

What new insight or understanding did you gain from this video?