French law firm Gide Loyrette Nouel and Chinese outfit Commerce & Finance Law Offices have advised on Renault's entry into the Chinese market via a £1.3bn (CNY7.7bn) joint venture arrangement. The French carmaker, which is among a handful of large motor companies still without a presence in China, announced earlier this month that it had received approval from the Beijing authorities to tie up with state-owned Dongfeng Motor Corporation; one of biggest automobile manufacturers in the country.
December 10, 2013 at 05:07 AM
1 minute read
The original version of this story was published on Legalweek
French law firm Gide Loyrette Nouel and Chinese outfit Commerce & Finance Law Offices have advised on Renault’s entry into the Chinese market via a £1.3bn (CNY7.7bn) joint venture arrangement.
The French car maker, which is among a handful of large motor companies still without a presence in China, announced earlier this month that it had received approval from the Beijing authorities to tie up with state-owned Dongfeng Motor Corporation, one of biggest automobile manufacturers in the country.
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