The Business of GM in China Sounds Good

The sales in China of General Motors last month soared 50 percent with 151,084 units. GM's minivan joint venture, SAIC-GM-Wuling, has been one of the biggest beneficiaries of Chinese government policies aimed at encouraging purchases of small cars and minivans. Wuling minivan sales surged 60.6 percent from a year earlier in April, to 95,544 units.

According to GM long-term development plan shows that it aims to double sales in China to about 2 million units a year within the next five years.

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