英语文摘:Changan, PSA sign contract to create new joint venture in China

Recalling the decision to withdraw from China years ago, Varin said that was regretful movement for PSA, now the Europe's second- largest carmaker in volume saw expanding market in China and would like to continue to explore it with Chinese partners.

CCAG President Xu Liuping said he believed the cooperation with PSA would present high-quality products to Chinese customers and help Changan to better tackle challenges facing global auto industry.

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