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Foreign carmakers ramp up China investments
They continue to plough money into factories despite slowing sales growth as economy weakens
Add BT as a preferred sourcePublished Mon, Apr 20, 2015 · 09:50 PM
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Shanghai
FOREIGN carmakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.
Market leaders Volkswagen AG and General Motors show no sign of letting up on their planned investments, while Toyota Motor and Ford Motor are also pursuing new China expansion plans.
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