BMW to spend 4.2B dollars on China business

Name: BMW to spend 4.2B dollars on China business
Uploaded: 2018-10-11T00:00:00+03:00
Duration: 1 min 34 s
Description: German car manufacturer BMW has said it will take majority control of its main China joint venture for $4.2 billion in the first such move by a global automaker as Beijing starts to relax ownership rules for the world's biggest auto market.

German car manufacturer BMW has said it will take majority control of its main China joint venture for $4.2 billion in the first such move by a global automaker as Beijing starts to relax ownership rules for the world's biggest auto market.

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