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Chinese auto parts supplier Carthane plans to build a factory in Mexico to produce shock-absorbing components. The initial investment is $1 million through its Hong Kong and US units to set up a project company.
“Carthane, a Chinese supplier of car parts to General Motors and Ford Motor, intends to build a factory in Mexico to better serve clients.”yicaiglobal.com
Summarized from public sources; check the original articles before acting on it.