Detailed text transcripts for TV channel - DW - 20181011:14:14:00
Is the first to take a majority stake in its joint venture there letting go of the steering wheel is a big thing for the chinese the german economy is based on three billion euros in factories they. times are changing in china for the first time a foreign carmaker has been allowed to acquire a majority stake in a joint venture b.m.w. now holds a seventy five percent stake previously foreign firms weren't allowed to own more than fifty percent of the step is supposed to show the world that china is opening up critics say it's a promising start but china will also benefit from the arrangement th...