Summary Box: China carmaker plant in Bulgaria

AP News
Posted: Feb 21, 2012 12:29 PM

CHINA ARRIVES: Great Wall Motors launched operations in Bulgaria on Tuesday, becoming the first Chinese automaker to assemble cars in the European Union.

ROAD AHEAD: Great Wall officials said the aim is to gradually expand into other European markets. Since Bulgaria is a member of the European Union, the project provides Great Wall with access to other EU countries at zero tariff levels.

REVIVAL: In many countries across eastern Europe, governments have built active relations with China reviving ties that were forged in the Communist era.