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AUTOMAKER ROBERT BOSCH TO INVEST FURTHER $US600MLN IN CHINA.
(From Asia Pulse)
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BEIJING, April 25 Asia Pulse - Robert Bosch GmbH, one of the world's leading automotive component producers, announced on Thursday that it plans to invest a further US$600 million from 2005 to 2007 in China, the world's fastest-growing vehicle market.
"We feel this demonstrates our confidence in and further commitment to this market," said Rudolf Colm, a member of Bosch's management board.
The German group will use the new investment to expand its four existing facilities in China, including an automotive diesel systems plant, a chassis development centre in East China's Jiangsu Province, …
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