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Honda eyes bigger stake in China JV
Last Updated(Beijing Time):2005-08-03 09:31

Honda Motor Co, the world's largest motorcycle maker, will buy an additional 20 per cent stake in Jialing-Honda Motor Co from partner China Jialing Industrial Co, beefing up its presence in the world's fastest-growing major economy.

Jialing-Honda, currently owned equally by Honda Motor and Jialing Industrial, will halt motorcycle production and focus on making power generating equipment.
Source:China Daily 
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