Mazda Motor Corp. will establish its first wholly owned Chinese unit, Mazda Motor (Shanghai) Business Management & Consulting Co., or Mazda China Operations (MCO). The company will be located in Shanghai’s Pudong Xin business district and be capitalized at $7.5 million. There will be further investment upon the completion of a technical support center there this summer. Business operations are to begin late this month, with employees to number 70-80 by the end of 2005. Kiyoshi ...
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