QDNDVN
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HCM city maybe the Shanghai of Vietnam, but in my hometown, a 20 million people northern metropolitan, we have a GDP per capita of 10K USD.
OK, your total is up to 1 billion people and device for 20 mils for 10K USD/ per year. The cheapest car made for foreigners is more than 10K USD [tax, VAT included]. The other post, another Chinese member said China only import half mil cars.
So that tel me the very big gap between 20 mils people [mid class] comparing 5 mils for cars import [high class buyer not included], so the price of foreinger cars will got big jump to distribution for 20 mils due to 5 mils cars in hands.
1. How is Foreigners make money in China market?
2. How many years could mid class people can afford to get a foreigner cars which are only has half due to distribution for 20 mils?
That tell me, China product could make tons of money do to the currencty exchange than the West even the price from the West 5 times difference with the currentcy exchange in China.