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GM, China 3G standard

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We all know GM is in trouble financially. Its stock (NYSE:GM) is around $6, a 50 years low. A lot pundits made fun of GM and its stock on TV or the web space. But I have a different feeling for GM. Among many reasons, I think of two:

1) In graduate school I worked in project for an automotive supplier (supplier for the Detroit big three GM, Ford and Chrysler). I went to Detroit and the Renaissance center twice because of the project. I still remember the GM engineer always asks tough technical questions.