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21 08 2018 02

TOKYO (Reuters) - Japan’s Nissan Motor Co (7201.T) will spend around $900 million to build a new auto assembly plant in China that will increase production capacity in the company by 30 percent, the Nikkei newspaper reported on Monday.

Nissan, which operates in China through a joint venture with Dongfeng Motor Group Co Ltd (0489.HK), is in final stages of talks with its Chinese partner to build a new plant in Wuhan in Hubei province, the Nikkei reported without citing sources.

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