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Article: DAIMLERCHRYSLER FINANCIAL SERVICES' CHINA BRANCH TO SET UP
- Article from:
- AsiaInfo Services
- Article date:
- September 16, 2005
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AsiaInfo Services
09-16-2005
DaimlerChrysler Financial Services' China Branch to Set up
BEIJING, Sep 16, 2005 (SinoCast via COMTEX) -- DaimlerChrysler Financial Services, one of the world's largest financial service providers outside the banking and insurance sectors, recently announced its China branch is expected to be set up in Beijing in the fourth quarter of this year.
The new company plans to obtain about 3,000 financing contracts by 2006.
As early as last December, the subsidiary of DaimlerChrysler Financial Services won approval from Chinese regulator to form an automobile financial ...