BMW's China sales grew 11.3% last year.
SHANGHAI/BEIJING: German luxury automaker BMW is looking to form a joint venture with Great Wall Motor in China, which could focus on electric vehicles, according to two sources familiar with the matter on Wednesday.
A venture with Great Wall, whose Hong-Kong listed shares leapt 20% on the news, would be BMW's second in the world's largest auto market, where foreign carmakers have to team up with local partners.
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