{"id":99614,"date":"2018-10-11T12:46:57","date_gmt":"2018-10-11T05:46:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bmw-becomes-first-global-brand-to-take-control-of-chinese-venture\/"},"modified":"2018-10-11T13:03:18","modified_gmt":"2018-10-11T06:03:18","slug":"bmw-becomes-first-global-brand-to-take-control-of-chinese-venture","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bmw-becomes-first-global-brand-to-take-control-of-chinese-venture\/","title":{"rendered":"BMW becomes first global brand to take control of Chinese venture"},"content":{"rendered":"


\nBMW is spending \u20ac3.6 billion (US$4.1 billion) to control its Chinese joint venture, a deal that will give it more power over the German car giant\u2019s business in the world\u2019s biggest car market.
\nThe agreement with Brilliance China Automotive Holding makes BMW the first carmaker to take advantage of China\u2019s policy to let foreign companies take majority control of their local partnerships. The car maker said on Thursday it is increasing its stake in the venture with Brilliance…
\n
\nSource : South China Morning Post
\nRead more…BMW becomes first global brand to take control of Chinese venture<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

BMW is spending \u20ac3.6 billion (US$4.1 billion) to control its Chinese joint venture, a deal...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-99614","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-pUG","jetpack-related-posts":[{"id":124334,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/agile-group-becomes-latest-debt-ridden-chinese-developer-to-be-rescued-by-state-owned-company\/","url_meta":{"origin":99614,"position":0},"title":"Agile Group becomes latest debt-ridden Chinese developer to be rescued by state-owned company","date":"January 24, 2022","format":false,"excerpt":"\r State-backed companies are coming to the rescue of embattled Chinese developers pushed to the edge of financial ruin by Beijing\u2019s \u201cthree red lines\u201d borrowing restrictions.Agile Group, one of the country\u2019s top 20 home sellers, said it will sell its 26.7 per cent stake in a Guangzhou property joint venture\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62641,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/germany-strikes-deal-with-car-giants-vw-bmw-and-daimler-to-reduce-diesel-emissions\/","url_meta":{"origin":99614,"position":1},"title":"Germany strikes deal with car giants VW, BMW and Daimler to reduce diesel emissions","date":"August 3, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Germany strikes deal with car giants VW, BMW and Daimler to reduce diesel 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China kicks into gear","date":"April 20, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...BMW roars ahead with forecast-beating profits as China kicks into gear","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47045,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-bosses-ramp-up-the-rhetoric-on-free-trade-as-ford-bmw-and-jaguar-land-rover-warn-of-brexit-fears\/","url_meta":{"origin":99614,"position":4},"title":"Car bosses ramp up the rhetoric on free trade as Ford, BMW and Jaguar Land Rover warn of Brexit fears","date":"March 7, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Car bosses ramp up the rhetoric on free trade as Ford, BMW and Jaguar Land Rover warn of Brexit fears","rel":"","context":"In "Property 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