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Deutsche Telekom Creates Automotive Joint Venture In China
Aggregated Source: ChinaTechNews.com
China Mobile and Deutsche Telekom have signed a joint venture agreement to establish an automobile company in China. With each party holding a 50% stake, the new joint venture will reportedly have registered capital of CNY180 million and the total planning investment will reach CNY270 million. The joint venture will take advantage of Deutsche Telekom's […]
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