Peugeot expects to finalise China factory expansion plan in coming weeks
PARIS (AFX) - Peugeot SA said it expects to sign a contract for the
expansion of its Chinese factory in coming weeks.
"Negotiations are in the final phase," a company spokesman said.
Chinese authorities said previously they expected the contract to be
signed during Prime Minister Zhu Rongji's visit to France on Sept 26-28.
Peugeot and Dong Feng Motors said in November last year they planned to
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