Financial Wire

Market Chatter: China Urges Ford to Deepen Domestic Market Presence

-- China's Vice Commerce Minister Li Chenggang met with Ford's top policy officer Steven Croley in Beijing on Monday, urging the U.S. automaker to deepen its footprint in China, Reuters reported Wednesday.

Li encouraged Ford to strengthen ties with local partners and deliver more competitive products for both Chinese and global markets, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Market Chatter: China Urges Ford to Deepen Domestic Market Presence | Financial Wire