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Chery nets 2.9b yuan for growth

By Li Fangfang | China Daily | Updated: 2009-06-04 08:01

Chery nets 2.9b yuan for growth

A Chery vehicle at the 2009 Shanghai auto show in April. Bloomberg News

China's biggest automaker, Chery Automobile Co, said yesterday that it has raised 2.9 billion yuan from local private-equity investors to boost its development and expansion plans.

Chery nets 2.9b yuan for growth

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