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Honda delays plans for $822 million China plant on slower demand: Bloomberg

Honda had planned to start construction on a third plant with Dongfeng Motor Group Co this year but it may now start building the plant around 2017 and target to begin production no later than July 2018, Bloomberg reported, quoting Chen Binbo, vice president of Honda's joint venture with Dongfeng. A final decision will be made at the end of the year, Bloomberg said.