GM's Chinese Joint Venture Lives On, Despite Rising Tensions The extension of General Motors' (GM) joint venture with SAIC Motor in China for another 20 years has sparked a mixed reaction among industry observers.
Some see it as a pragmatic move to adapt to the complex and rapidly changing Chinese market, while others view it as an acknowledgment of the declining importance of traditional Western brands.
The joint venture was first established in 1997, when China was still a relatively closed off market for foreign automakers.