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PSA CEO praises China’s 50% foreign stake limit

AutoNews.com
PSA CEO Carlos Tavares said he wouldn’t increase the company’s stake in its Chinese joint venture even if the 50 percent foreign ownership cap is lifted, signaling international manufacturers aren’t united in seeking the policy change.
Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/pAsQAy5V4iQ/psa-ceo-praises-chinas-50-foreign-stake-limit
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