Geely bought Volvo with two city governments' money, repaid in factories
Geely lacked the cash for Volvo, so Li Shufu took 4.9bn yuan from two city governments — and repaid them by building Volvo plants on their soil.
Read the caseIngenious ideas that solved difficult problems. Explore what made them work.
The full archive, in the appGeely lacked the cash for Volvo, so Li Shufu took 4.9bn yuan from two city governments — and repaid them by building Volvo plants on their soil.
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