September 23rd, 2011 
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General Motors Co. has remarked that it will be making efforts to buy back a stake of one percent sold to its main Chinese joint venture partner.
This move by GM is seen as an effort to expand its technology investments in a market where it is maneuvering to keep its edge.
From news.yahoo.com:
GM has a contractual right to buy back the stake sold to partner Shanghai Automotive Industrial Corp. to raise cash during hard times and executives said Wednesday that the issue is under discussion.
The company opened an advanced technology center in Shanghai meant to help it design lighter, safer and more efficient cars for China, where it forecasts vehicle sales in China to grow by about 5 percent to about 19 million units this year, slowing sharply from recent years of double-digit growth.
The move is seen by many as the company’s effort for expanding technology investments in China.
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