{
    "success": true,
    "data": {
        "id": 1459474,
        "msgid": "gm-eyes-bigger-role-in-shanghai-1447893297",
        "date": "2004-06-24 00:00:00",
        "title": "GM eyes bigger role in Shanghai",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "GM eyes bigger role in Shanghai SHANGHAI: General Motors said on Wednesday it will move its Asian headquarters to Shanghai from Singapore and invest US$250 million in a testing center to ramp up its presence in the world's fastest growing auto market. GM chairman and chief executive Rick Wagoner said expansion of the Pan Asia Technical Automotive Center was part of a previously announced $3 billion investment plan in China with its joint venture partners over the next three years.",
        "content": "<p>GM eyes bigger role in Shanghai<\/p>\n<p>SHANGHAI: General Motors said on Wednesday it will move its<br>\nAsian headquarters to Shanghai from Singapore and invest US$250<br>\nmillion in a testing center to ramp up its presence in the<br>\nworld&apos;s fastest growing auto market.<\/p>\n<p>GM chairman and chief executive Rick Wagoner said expansion of<br>\nthe Pan Asia Technical Automotive Center was part of a previously<br>\nannounced $3 billion investment plan in China with its joint<br>\nventure partners over the next three years.<\/p>\n<p>The long-expected announcement of the move to Shanghai, by<br>\nJanuary 2005, reflects the growing importance of the China<br>\nmarket, where GM saw sales climb nearly 70 percent in the first<br>\nquarter of this year to 122,097 vehicles.<\/p>\n<p>&quot;Having a strong presence in this dynamic and growing market<br>\nis not an option anymore, it&apos;s a necessity,&quot; Wagoner told<br>\nreporters. -- AFP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/gm-eyes-bigger-role-in-shanghai-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}