Avis Europe is set to create a network of car hire centres across China within five years, reports the UK’s Times (7/9/00).
Negotiations between the Chinese authorities and the company have been taking place over the past six months. A fledgling operation is expected to open in the region by the end of 2000, says the report.
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Quoting Chief Executive Mike McAfferty, the Times says that the right deal is being sought for its licensees to gain a presence in the area.