US car manufacturer General Motors (GM) has prepared its shareholders for charges in the China business of more than five billion US dollars – the equivalent of around €4.8 billion. The company announced on Wednesday that the restructuring costs of the joint venture with SAIC Motors would amount to 2.6 to 2.9 billion dollars. The resulting write-downs amounted to 2.7 billion dollars. Both sums are non-cash. GM did not provide any details.