Volkswagen plans two plants in China for 2 billion euros

(AGI) Beijing, July 7 - German car company Volkswagen plans tobuild two plants in China for 2 billion euros, said ChancellorAngela Merkel on Monday while visiting Beijing. The plants willbe in Tianjin and Qingdao, in eastern China, but theirproduction capacity has not been announced. The agreement withChina FAW Car Co, will be signed in Beijing at a ceremonyattended by the chancellor and Chinese Premier Li Keqiang. . .

(AGI) Beijing, July 7 - German car company Volkswagen plans tobuild two plants in China for 2 billion euros, said ChancellorAngela Merkel on Monday while visiting Beijing. The plants willbe in Tianjin and Qingdao, in eastern China, but theirproduction capacity has not been announced. The agreement withChina FAW Car Co, will be signed in Beijing at a ceremonyattended by the chancellor and Chinese Premier Li Keqiang. . .