The Bailout That Keeps Giving and Giving and Giving... to the Chinese

General Motors Co. plans to expand its China capacity 30% over the next three years, adding four plants and 6,000 workers, executives said at an event in Shanghai.

* MEANING FOUR PLANTS IN CHINA...  6,000 CHINESE WORKERS... IN CHINA.

The investments will bring GM's manufacturing capacity to five million units in China, or more than half the number of vehicles GM made globally in 2012.

* AREN'T YOU GLAD THE OLIGARCHS TOOK YOUR MONEY AND BAILED OUT GM, FOLKS?

GM and its joint venture partners will also expand dealerships to 5,100 from 3,800 at the end of 2012.

* YEP... JOBS STIMULUS... IN CHINA... COURTESY OF GM AND ULTIMATELY... THE AMERICAN SHEEPLE!

GM is planning to focus on sport-utility vehicles and luxury models, introducing 9 new or refreshed SUVs over the next five years.

GM and its joint venture partners are planning to invest $11 billion in capital expenditures through 2016, said Bob Socia, who runs GM of China.

* THE CHINESE GOVERNMENT ULTIMATELY RUNS GM OF CHINA, FOLKS; AND DON'T YOU EVER FORGET IT.

"Going forward we are focusing on two market segments—luxury and SUV," Mr. Socia said. "We expect Cadillac sales to go from 30,000 last year to 100,000 in 2015."

GM, based in Detroit, is quickly moving its center of power to China.

(*CLAP...CLAP...CLAP*)

GM and its partners sold 2.8 million vehicles in 2012, more than the U.S. for the third year.

* WHICH WOULD BE WONDERFUL NEWS IF THOSE 2.8 MILLION VEHICLES HAD BEEN MADE BY AMERICANS AND TRANSPORTED TO CHINA BY AMERICANS ON AMERICAN FLAGGED AND CREWED VESSELS...

Mr. Socia also said GM plans to expand its exports from China to 300,000 by 2015, up from 77,000 in 2013.

* MOVING IT'S "CENTER OF POWER" INDEED...

* OF THE OLIGARCHY... BY THE OLIGARCHY... FOR THE OLIGARCHY...

* ALL HAIL THE OLIGARCHY!