Foreign media reports claim China has approved Geely’s acquisition of Ford, but what kind of technology transfer is this?

Foreign Media: China Approves Geely’s Acquisition of Ford’s Spanish Subsidiary.

China has unconditionally approved the transaction in which Geely Automobile (0175.HK) acquires Ford España, a subsidiary of Ford Motor Company (F.N).

The acquisition marks another step in Chinese automakers’ expansion into European markets and represents the latest move in Ford’s ongoing restructuring of its global operations.

Original source: toutiao.com/article/1878848222115851/

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