China auto market draws international interest

Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song

SHANGHAI: International automobile manufacturers and suppliers are expanding investment in China, demonstrating their strong confidence in the world’s largest vehicle market.

Last Wednesday, the United States-based PPG Industries, a supplier of paints and coatings, launched its first battery pack application centre in North China’s coastal metropolis of Tianjin.