China to allow full foreign ownership in auto industry

April 17, 2018
BEIJING (AP) — China has announced plans to allow full foreign ownership of automakers in five years, ending restrictions that have strained relations with Washington and other trading partners. The Cabinet's planning commission said Tuesday it will lift limits on foreign ownership of electric vehicle producers this year,...

Related Videos

China Eases Restrictions in Auto Sector
 ▶ Bloomberg Global Business - on April 18, 2018  04:03

China Slaps 179 Percent Import Charge on US Sorghum
 ▶ Newsy Studio - on April 17, 2018  01:03

China Growth Steady; Foreign Ownership Caps Removed; ZTE Grapples With Ban
 ▶ Bloomberg Global Business - on April 17, 2018  05:12

Foreign Ministers From Japan And China's Vow To Pursue Improved Ties
 ▶ Wochit News - on April 15, 2018  00:43

You might like