article - smh

Hopeful positive for ACE:

...Professor Chung said Australia would also have difficulty producing enough products to meet the needs of China, especially as the nation's factories often operate on 24 hours schedules with no loadings for late-shift work.

Nonetheless, China represents a huge new source of demand for components, with the Asian nation's auto industry on track to become the largest in the world this year, according to car industry analyst J.D. Power.

That's in contrast to other developed markets where vehicle sales have slumped dramatically in the wake of the financial crisis....

Full Article
http://business.smh.com.au/business/china-car-ventures-not-seen-generating-local-jobs-20090714-djqr.html