European auto giants like BMW strengthen ties with China through closer cooperation, leading to suppliers nearby Chinese plants.
European auto giants, including BMW, are strengthening ties with China through closer cooperation. This has led to numerous supporting suppliers setting up facilities near Chinese plants, fostering closer integration between the two automotive sectors. The Tiexi plant in northeastern China serves as an example, with a Spanish auto parts factory nearby, producing components for car assembly.
July 21, 2024
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