CHINA: Toyota starts China production site.
Toyota Motor Corp. celebrated the start of construction of a joint $100 million investment in China, on Wednesday (12/7/00), the first for the company in the country. Funded equally by Toyota Motor and Tianjin Automobile Xiali Corp., Toyota Chairman Hiroshi Okuda and Tianjin`s Municipal Committee Secretary Zhang Lichang were amongst 300 people present at the ceremony.
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