China’s Dongfeng Motors has proposed equity investment, together with the French government, in PSA Peugeot Citroen Group in a deal that offers the French car maker opportunities in China, but things may not be so easy, says one legal expert.
“I think that China’s auto market still has a long way to go. Traditional cars makers will encounter more difficulties due to the energy and environment protection problems,” Nicolas Zhu, a partner at CMS, China in Shanghai, told China Business Law Journal.
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