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Foton Motor, COSCO Shipping establish JV

On March 26, Guangzhou Yuanfu Automotive Supply Chain Co., Ltd., a joint venture (JV) between Beiqi Foton Motor Co., Ltd. (Foton Motor) and COSCO Shipping Specialized Carriers Co., Ltd. (COSCO Shipping), was officially inaugurated. A roll-on/roll-off (ro-ro) vessel branded with both companies’ logos was also delivere....

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