China Motor Denies Report of a $1 Billion South African Factory Investment

China Motor Corp. (2204) has no plans to build a factory in South Africa, company spokeswoman Anny Fu said by telephone today.

The Johannesburg-based Business Day newspaper reported June 21 that China Motor plans to build a $1 billion factory near Harrismith in South Africa.

To contact the editor responsible for this story: Chua Kong Ho at kchua6@bloomberg.net

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