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Daimler, BAIC earmark $1.7b to expand China capacity


The Straits Times - 29-Mar-2014

March 29, 2014 12:49 AM FRANKFURT (REUTERS) - Germany's Daimler and Beijing Automotive Industry Corp IPO-BAC.SS have earmarked 1 billion euros (S$1.7 billion) of a 4 billion-euro China investment plan to more than double car production at their joint venture by 2015.         ...


Read full article at The Straits Times


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