Renault-Dongfeng joint venture gets green light from Beijing

Beijing has approved a long-awaited US$1.3 billion joint venture between French carmaker Renault and Chinese giant Dongfeng Motor, the Chinese firm said in a statement on Thursday.

via Business feed http://www.scmp.com/business/china-business/article/1373561/renault-dongfeng-joint-venture-gets-green-light-beijing