China's BAIC willing to increase Daimler stake after 5% stake buy - sources
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BEIJING/FRANKFURT (Reuters) - Daimler's main Chinese joint venture partner BAIC Group [BEJINS.UL] 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 stake 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..