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China: Chery and Quantum joint venture receives go-ahead from regulatory body

Following an initial announcement in May 2007, a joint venture project between Chery Automobile and Quantum LLC has now received approval from China’s National Development and Reform Commission, Gasgoo.com reports, citing a report carried by Xinhua.To be set up with a total investment of US$1bn, the joint venture vehicle production facility will ...

Following an initial announcement in May 2007, a joint venture project between Chery Automobile and Quantum LLC has now received approval from China’s National Development and Reform Commission, Gasgoo.com reports, citing a report carried by Xinhua.

To be set up with a total investment of US$1bn, the joint venture vehicle production facility will …

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