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