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A Pakistan-Chinese automotive joint venture recently sold out six months’ production of its first compact sedan car within five days of market launch, a success that investors and analysts believe could pave the way for Pakistan to become an export base for Chinese right-hand-drive vehicles.
The stock-clearing sale of 15,000 Chang’an Alsvin passenger vehicles is the latest in a series of headlines about joint ventures between privately held Pakistani conglomerates and Chinese state-owned…
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