BAIC and Hyundai joint venture building 7.45b yuan car factory in Hebei

Beijing Hyundai Motor Company will invest in and build a car factory in Hebei’s Cangzhou Economic Development Area which is expected to receive a total investment of 7.45 billion yuan (HK$9.36 billion), BAIC Motor Corporation announced on Wednesday morning.

via South China Morning Post - Business feed http://ift.tt/1IHXjaV