SHANGHAI — Chinese residents who would like to drive a Shanghai Buick but are short on cash soon can apply for a car loan. Shanghai GM has finalized a financial agreement with two Chinese banks and a finance company to provide automotive financing to its customers (see FOCUS ON CHINA — June '99, p.3). The Industry and Commercial Bank of China, the China Construction Bank and Shanghai Automotive Industry Corp. Ltd. Finance Co. Ltd., the financial arm of SAIC, GM's Chinese partner, have ...
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