Whether shareholding ratios in Chinese-foreign joint ventures will change is forming the focus of widespread attention as China gradually eases its curbs on shareholding in auto companies. Bayerische Motoren Werke will be the first to up its shareholding in its JV to up to 75 percent per Chinese government media.
Neither BMW nor its local JV BMW Brilliance Automotive has commented on these reports, but an official article confirms that BMW’s shareholding in BMW Brilliance will top 50 percent.
“BMW is to lift its shareholding in its Chinese joint venture to over 50 percent,” claims the article, titled . . .
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