China said to back private investment in state automakers

25 May 2018, 08:00
China is considering encouraging state-owned automakers to bring in private car manufacturers as investors as it seeks to create an industrial champion to compete with global companies such as Toyota and Volkswagen, Bloomberg reported.
Source: http://www.autonews.com/article/20180525/COPY01/305259970/china-said-to-back-private-investment-in-state-automakers

Back to news list