1992 Ford Tempo GL [P36]

1992 Ford Tempo [P36] in Zhong guo tui xiao yuan, Movie, 2017

Class: Cars, Sedan — Model origin: — Made for:

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marcusdragonma ◊ 2018-09-09 17:44	Gag Halfrunt wrote The Chinese government bought 3.010 1992 Ford Tempo’s for taxi’s and tourists! What a deal, but why? Some further research learned the Tempo’s were part of a much bigger deal between the United States government and the Chinese government, the deal had to do with economic policies and… human rights. In the very early 1990’s China wanted very much to keep its ‘most-favored-nation trading status’, meaning it could export to the US without paying too much import tax to US customs. Higher taxes would mean more expensive products and less sales. The political climate in the US however was not very friendly to China. The 1989 Tiananmen protest was still a fresh memory with many politicians worrying about the human rights situation in China. On the economic front many accused China of dumping cheap products on US soil, thereby disturbing the trade balance between the two countries. China so had to make a move to make the US government happy. China sure wasn’t going to do anything about human rights but they could do something to shore up US exports; buying cars. In July 1992 China announced it would buy vehicles worth $130 million from Chrysler, Ford and GM. Ford’s stake was 32 million USD and part of that was the Tempo-deal, Ford also sold a yet unknown number of Taurus’. Link to "carnewschina.com"

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marcusdragonma

◊ 2018-09-09 17:44

Gag Halfrunt wrote The Chinese government bought 3.010 1992 Ford Tempo’s for taxi’s and tourists! What a deal, but why? Some further research learned the Tempo’s were part of a much bigger deal between the United States government and the Chinese government, the deal had to do with economic policies and… human rights.

In the very early 1990’s China wanted very much to keep its ‘most-favored-nation trading status’, meaning it could export to the US without paying too much import tax to US customs. Higher taxes would mean more expensive products and less sales. The political climate in the US however was not very friendly to China.

The 1989 Tiananmen protest was still a fresh memory with many politicians worrying about the human rights situation in China. On the economic front many accused China of dumping cheap products on US soil, thereby disturbing the trade balance between the two countries. China so had to make a move to make the US government happy.

China sure wasn’t going to do anything about human rights but they could do something to shore up US exports; buying cars. In July 1992 China announced it would buy vehicles worth $130 million from Chrysler, Ford and GM. Ford’s stake was 32 million USD and part of that was the Tempo-deal, Ford also sold a yet unknown number of Taurus’.

Link to "carnewschina.com"

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1992 Ford Tempo GL [P36]

1992 Ford Tempo [P36] in Zhong guo tui xiao yuan, Movie, 2017

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