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BMW is the first international carmaker to announce a deal to take a majority stake in its China joint venture.
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BMW is paying $4 billion to take control of its China business
![](https://europeanjournal.net/wp-content/uploads/2018/10/181011113711-bmw-x4-car-hk-motorshow-restricted-super-tease.jpg)
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BMW is the first international carmaker to announce a deal to take a majority stake in its China joint venture.
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Source link
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