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Fu Yuwu: 50:50 JV equity relaxation was long-time coming, industry faces three macro/micro-economic forces

BEIJING – Fu Yuwu knew two years ago that the 50:50 joint venture equity rule would become history. Now that it will be completely lifted by 2022, as was announced by the National Development and Reform Commission (NDRC) on April 17, a week after Chinese President Xi Jinping announced that

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MAS@Beijing 0119 recap: Intelligent driving to be final solution to city traffic problems

BEIJING – Intelligent driving will be the final solution to problems in mega and medium-sized cities including traffic jam, car parking, emissions and accidents, according to Wu Gansha, founder and CEO of UISEE Technologies (Beijing) Ltd. Wu shared his observations at CBU/CAR’s Monthly Automotive Salon (MAS) held on January 19 in Beijing discussing ADAS

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China’s auto market in the second half of 2011

–  by Huang Chenglin China produced and sold 9,156,000 and 9,325,200 units of vehicles in the first half of this year, up 2.48 and 3.35 percent year-on-year respectively, a large decline compared with the skyrocketing growth in the past two years. Facing the unpredictable China auto market, industry analysts see different

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