Foreign Carmakers Turn China Joint Ventures Into Export Bases
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Foreign automakers in China are increasingly exporting vehicles developed by their local joint ventures to overseas markets, reversing decades of one-way technology transfer into the country.
The shift underscores how global carmakers are drawing on Chinese research, development and manufacturing capabilities as they contend with shrinking market share in China, a bruising price war and the rapid ascent of domestic electric-vehicle makers.
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