CHONGQING — Chongqing Changjiang Electrics Plant signs a contract with AIGL, an Australian auto parts supplier, to establish a joint venture that will produce automotive air conditioners. The JV is expected to supply mini-vehicle producer Chongqing Chang'an Automotive Co. Ltd. as well as Ford Motor Co.'s future car joint venture in Chongqing. Under the agreement, construction of the JV plant, which represents a total investment of RMB100 million (US$12.1 million), will be carried out in ...

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