On April 16, Ford Motor Co. announced it was raising its stake in China’s Jiangling Motors Corp. Ltd. to 31.5 percent and may increase it to 32 percent over the next year.
Ford Increases Stake in China’s Jiangling Motors
China Business Review is the official magazine of the US-China Business Council, a nonprofit and nonpartisan trade association that represents more than 200 American companies doing business in China.