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BAIC Motor and Daimler to make USD 893 million additional investment in Beijing Benz

On March 26, BAIC Motor Corporation Ltd. (BAIC Motor) announced that it has signed an amendment agreement for a joint venture (JV) contract with Daimler and Daimler Greater China Ltd. (Daimler China). Regarding the agreement, the three sides will increase their investments in Beijing Benz by about USD 893 million. Si....

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