Tuesday, December 4, 2012

Cars in China

Today we watched more of the Chinese movie. The main Chinese company that is making cars is called Lifan. China is putting about 9 million new cars on the road every year. Three fourths  of the cars in China come from the major car companies. The main companies all manufacturer their cars in America. Nine out of ten people in China  pay for their cars in cash. In China they do not use credit cards like we do. They mostly save up the money then purchase items with cash. In America we use credit cards to purchase things before we actually have money. China is the biggest producer and consumer of steel. It used to  be mostly made in the United States. That is why the Pittsburgh Steelers are called the Steelers.

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