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China to set up auto research institute in Thailand

Car models are displayed at the Bangkok International Motor Show from March 22 to April 2, 2023. (Photo: Bangkok International Motor Show)

China will establish a China Automotive Technology and Research Center (CATARC) in regional automaking hub Thailand, the Thai government said on Friday, the centre’s fourth such facility in the world.

Thai government tax incentives and subsidies have already drawn Chinese carmakers, including BYD and Great Wall Motor, which have…

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