China’s BAIC sinks on report Daimler may raise stake in joint venture December 5, 2018 admin Business News Comments Off on China’s BAIC sinks on report Daimler may raise stake in joint venture BAIC Motor Corp’s shares slumped 13.5 percent on Wednesday after Bloomberg reported that Germany’s Daimler AG is considering increasing its stake in its joint venture with the Chinese company. …read more Source:: Reuters – Business News Did you enjoy this article? Join our FREE Newsletter! I agree to have my personal information transfered to MailChimp ( more information ) Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.We hate spam. Your email address will not be sold or shared with anyone else.