China's BAIC signalled willingness to increase its stake in Daimler: sources

BEIJING/FRANKFURT (Reuters) - Daimler's main Chinese joint venture partner BAIC Group [BEJINS.UL] signalled its intention to increase its stake in the German luxury car manufacturer last month, sources briefed on the matter said, after it built up a 5% Daimler stake in July.Officials at BAIC's listed company BAIC Motor Corp Ltd said at investor conferences in mid-October "both sides are willing to increase stake in the other", responding to questions about future relationship between BAIC..