Chinese car billionaire says industry needs more competition

摘要

Bring it on. That's the message Li Shufu, the Chinese billionaire chairman of Volvo Cars, wants the government to give competitors in the largest auto market. "It's best if it's completely open, like in the U.S. and Europe; whoever wants to produce cars can do it," Li, who's also chairman of car maker Geely Automobile Holdings, said in an interview. "This is fair to us, it's fair to everyone. It would completely allow the role of the market and perhaps we will develop better."