Oct 11th, 2018

BMW Makes $4.1 Billion Bet on China Car Market

BMW AG is accelerating its push into China with a 3.6 billion euros ($4.1 billion) deal to secure a majority stake in its Chinese joint venture. BMW Chief Executive Officer Harald Krueger discusses the deal and the escalating trade war in an exclusive interview with Bloomberg's Tom Mackenzie in Shenyang, China. (Source: Bloomberg)