SHANGHAI — Volkswagen AG, the largest foreign player in China's auto market, is considering increasing its presence here. The automaker reportedly wants to buy out its state-owned Chinese partners in their jointly owned automotive projects once China enters the World Trade Organization (WTO). Erich Schmitt, an Audi AG board member and in charge of VW's China operations, says in a published report that the automaker will talk to its partners about such an option after it becomes feasible ...

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