CHINA'S GEELY SCOUTING LOCATIONS FOR EUROPE PLANT

Chinese carmaker Geely is scouting locations for a plant in Europe but has not committed fully to building up local production, executives from the car conglomerate said in interviews with Reuters in Frankfurt.

"It is not 100% yet," Li Chuanhai, vice president of Geely Auto Group, one of Zhejiang Geely Holding Group's (GEELY.UL) brands, said when asked whether the carmaker would build a plant in the region.

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