Salem Radio Network News Wednesday, November 5, 2025

Business

China’s market regulator approves Nissan China’s new JV with Dongfeng

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BEIJING (Reuters) -China’s market regulator has unconditionally approved Nissan (China) Investment Co’s new joint venture with Dongfeng Motor, according to a statement on Friday.

The two companies announced in late July plans to set up a new JV, 60% controlled by Nissan China, to focus on vehicle and auto part exports.

(Reporting by Beijing newsroom; Editing by Himani Sarkar)

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