Chinese auto-wheel manufacturer Wanfeng Auto may acquire U.S. assets. Nominally that is a part of the “one belt one road” internationalization strategy promoted by the Chinese government. A desire to preempt new border taxes or tariffs will be a motivating factor, and could give it an advantage over competitors like Citic Dicastal. The U.S. may also have become a big enough market for Wanfeng to justify the deal. It accounted for 64% of Wanfeng’s exports in 2016, and the wheel-maker’s U.S.-bound exports increased 62% in the three months to February 28 on a year earlier.