Renault had 'friendly' discussions with Chinese investment bank

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Renault had 'friendly' discussions with Chinese investment bank - spokesperson

© Reuters. FILE PHOTO: The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo) had"friendly" discussions with Chinese investment bank CICC about potential cooperation, but nothing has been signed or decided so far, a company spokesperson said, confirming media reports.

"A meeting took place between CICC and Renault Group for friendly discussions about China's market," a spokeswoman told Reuters. Chinese media outlet Cailianshe reported on Friday that Renault and CICC had reached a preliminary intention agreement to jointly invest to establish an investment fund to focus on the NEV industry chain, citing people familiar with the matter.CICC did not immediately respond to requests for comment.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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