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Nissan is dying and taking globalisation with it
Its woes extinguish any hope of carmakers working together to blunt China’s competitive edge
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More than half of revenues are in North America, and about 30 per cent of the vehicles produced in its Japanese factories are exported to the same market.
PHOTO: AFP
David Fickling
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In retrospect, you can put a date on the moment globalisation peaked: Jan 24, 2018.
In the rarefied winter air of Davos, Switzerland, Mr Carlos Ghosn – then boss of the sprawling alliance of Nissan Motor, Renault SA and Mitsubishi Motors – was asked what he thought of a tentative initial round of tariffs on washing machines and solar panels imposed by US President Donald Trump.

