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Chan made the remark on Thursday after watching the Chinese box-office hit Dying to Survive, a film about a man smuggling cheap versions of leukemia medications from India for resale to patients in China.

Carmakers are already facing the massive task of replacing all the potentially defective airbags still on the road, at their own cost, which Takata must supply.

Cavince Adhere, Senior Deputy Corporate Communications Officer at Jomo Kenyatta University of Agriculture and Technology, said the fact that over 40 percent of the world's commerce is taking place in China, makes it clear that the country is a model worth learning from.

Central SOEs should not delay the reduction or exemption for qualifying small and self-employed businesses for any reason, said the circular.

Cash flow is another problem. The automaker has not realized annual profit in the past 14 years. As its expansion in the US continues, its new China plant will bring large financial pressure to the company.