Great Wall confirms talks with BMW for 'Mini' in China

Great Wall Motor Co has confirmed that it is in talks with BMW to produce the latter's Mini brand cars in China, which analysts see as a prelude to the German carmaker's attempt to seize greater success in its largest market.

The talks are in a preliminary stage and the companies have not entered into any legal agreement to establish a joint venture in China, Great Wall said in a statement to the Hong Kong stock exchange on Friday.

Great Wall said the two signed a deal in early 2016 to explore the feasibility of developing and producing electric and traditional cars and then another in February this year regarding Mini car cooperation.