china approves 13bn renaultdongfeng joint venture
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
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China approves $1.3bn Renault-Dongfeng joint venture

Egypt Today, egypt today

Egypt Today, egypt today China approves $1.3bn Renault-Dongfeng joint venture

Arab Today

 Beijing has approved a long-awaited $1.3 billion joint venture between French carmaker Renault and Chinese giant Dongfeng, the Chinese firm said in a statement Thursday. Each partner will have a 50 percent share in the new company, it said, adding the government had approved the deal and "the production of 150,000 multiple purpose vehicles and engines per year".

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china approves 13bn renaultdongfeng joint venture china approves 13bn renaultdongfeng joint venture



 
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