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Old 04-21-2010, 08:06 AM   #4
dragin
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Default Re: Guangzhou and Gonow sign JV deal

Quote:
Originally Posted by martin_krpan
[B] ....the deal between GAC and Gonow is to cooperate but not GAC's whole acquisition of the Gonow......
This seems to be the key point of this report. For now it appears to be simply a cooperative venture, giving GAC better access to the more northerly Zhejiang province, with Shanghai just next door. At the same time it gives Gonow a way to deal with the regional protectionism that was also keeping them out of the far south.



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