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GM extends China joint venture for 20 years despite US-China tensions
General Motors and its Chinese joint venture partner have extended their partnership for 20 years despite rising US-China geopolitical tensions. The deal focuses on domestic Chinese sales of Buick and Cadillac models, and on exporting China-built Chevrolet products to non-US markets. The move signals that GM's commercial interests in China outweigh the political friction between the two countries.
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