GM eyes growth in China as US auto sales ebb

As the US car boom begins to ebb, American auto giant General Motors is eyeing growth in China as an even more crucial component of its business. GM auto sales in China through the first eight months of the year jumped 8.1 percent to 2.38 million, compared with a 4.2 percent drop to 1.96 million in the US. "It has been a surprisingly strong year," said Matt Tsien, president of GM China.