BMW set to raise stake in key China joint venture above 50%, report says
12 July 2018, 08:00
BMW stands to become the first foreign automaker to own a majority stake in a Chinese joint venture, showing Beijing is following through on a pledge to increasingly open up the economy to global corporations.
Source: http://www.autonews.com/article/20180712/OEM/307129976/bmw-set-to-raise-stake-in-key-china-joint-venture-above-50-report
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BMW stands to become the first foreign automaker to own a majority stake in a Chinese joint venture, showing Beijing is following through on a pledge to increasingly open up the economy to global corporations.
Source: http://www.autonews.com/article/20180712/OEM/307129976/bmw-set-to-raise-stake-in-key-china-joint-venture-above-50-report
Back to news list