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Nissan announces new $800 million China factory as part of expansion effort

The Washington Post

Nissan Motor Corp. says it will spend up to $800 million on a new factory in China’s northeast as part of efforts to expand sales in the world’s biggest auto market. The Japanese automaker said Monday the factory in Dalian will have a production capacity of 150,000 vehicles by 2014. It will be Nissan’s fourth manufacturing center in China.

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