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; […]
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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)