Aisin Seiki, the world’s fourth largest auto parts producer, is to increase its investment in China as it seeks to raise the proportion of its sales there from 5% to 10%.
Although China’s vehicle sales have slowed, market demand remains huge. Aisin Seiki entered China in 1995 and plans to raise the number of its subsidiaries there to 31 after spending US$52.9m to build a management company in Shanghai this year.
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