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Economy

Mercedes In China, Joint-Venture Lessons For The “New Normal”

BEIJING — After enjoying years of double-digit growth, China’s luxury car market has screeched to an unprecedented slowdown with a growth rate of less than 6% for the first half of 2015. But there is one notable exception to the slowdown: the Beijing Benz Automotive Co. (BBAC) — the joint venture between the Chinese state-owned […]

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