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Economic Watch: What can be learned from Japanese automakers that thrived under U.S. pressure?
BEIJING, Nov. 30 (Xinhua) — In the 1970s and 1980s, Japan’s flourishing auto industry disrupted the dominance of U.S. automakers, sparking a decade-long trade friction. Faced with the inrush of Japanese cars, the U.S. government and auto industry turned to…
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