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Car giants bet heavily on China

By Gong Zhengzheng and Li Fangfang | China Daily | Updated: 2008-11-20 07:46

Car giants bet heavily on China

The new Ford Fiesta is unveiled at the 6th Guangzhou International Auto Show during a media session on Tuesday. The exhibition opened yesterday. Bloomberg

GUANGZHOU: Global automakers may be hurting from a worldwide slump in sales but in China, they see a bright beacon of hope.

Car giants bet heavily on China

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