After eight years, Macro Polo has ceased operations as the Paulson Institute will focus its independent research on supporting its programs as it continues to diversify its scope.
We appreciate the community that has grown around Macro Polo and the fruitful engagement we’ve had with our legion of smart and sharp audience. You’ve pushed us to deliver even more original work and innovative products. Our body of work speaks for itself, and we hope it will have a long shelf life – that was the intent from MP’s inception.
MP’s website is now archived and no new work will be published henceforth on this site. Please visit www.paulsoninstitute.org for future research and policy work on a range of global issues.
Thank you all for the support over the years, it has been a privilege to have had a home at the Paulson Institute and to have built it the way we did.
- Team Macro Polo
China is the world’s largest vehicle market, selling more than 28 million cars and trucks in 2016, compared with 18 million in the United States. Almost all the vehicles sold in China are made in China, supporting a diverse ecosystem of 76 component making conglomerates, and 184 vehicle assemblers, in addition to dozens of indigenous brands.
After a decade of double-digit growth, the market is now starting to mature. Most urban households have already purchased at
least one car, and, according to McKinsey & Company, half of those households are considering “trading up” to newer and better models. Meanwhile, the shape of China’s auto industry could change radically if Chinese authorities make good on their promise to eventually prohibit the sale of fossil-fuel-powered vehicles, in favor of those powered by batteries. Faced with the need to adapt, Chinese domestic auto makers are scouting the globe to buy premium brands, advanced technologies, and companies capable of conducting R&D into electric vehicles.
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd.
Company Overview
Zhejiang Asia-Pacific specializes in developing and manufacturing braking systems. Some of its customers include FAW-Volkswagen, FAW, Shanghai Volkswagen, Shanghai GM, Dongfeng Peugeot Citroen, Dongfeng Nissan, and Chang’an Automobile. In 2016, less than one percent of its revenue came from exports.
Huang Weizhong
Hangzhou, Zhejiang
(571) 8276.5229
qr@apg.cn
Global Presence
In July 2015, Zhejiang Asia-Pacific Mechanical and Electronic invested €10 million for a 20% stake in Slovenia’s Elaphe Propulsion Technologies, a manufacturer of in-wheel motors for passenger cars and public transportation vehicles.