The day after Ford Motor Co. confirmed Geely as the preferred bidder for its Volvo unit, I was having dinner in Shanghai with a reporter from outside China.
"What brands do you think Chinese companies will buy next?" he asked.
"It might be a European brand or....." I mumbled since I was lost for a quick answer.
I realized my friend thought the acquisition of foreign brands by Chinese automakers was going to become a trend.
Other domestic players might be keen to follow Geely, in bidding for a world-class brand and its technology to up their game in the global market.
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