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Volkswagen says China JV's to break even in 2005

HAMBURG, April 21 (Reuters) - Volkswagen expects to break even at its key China business in 2005, Europe's largest carmaker said on Thursday.

Rejecting a recent analyst comment that suggests VW could post a loss at its two Chinese joint ventures, Chief Executive Bernd Pischetsrieder told shareholders in Hamburg that he expects to roughly break-even for the year.