TAIPEI – China Motor Corp. plans to establish a new automobile and parts-manufacturing operation on the Chinese mainland with an eye toward producing 300,000 vehicles annually. The company, which is moving aggressively to tap into China’s growing market, is working with 37 auto parts suppliers to locate a site for the manufacturing complex in Fujian province. Sources here say the most likely location for the project, which China Motor hopes to complete by 2005, is a 3,000-acre (1,214-ha) ...
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