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January 9, 2020Chairman Mao’s favored Red Flag carmaker eyes 1 million customers by 2030
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China’s FAW Group [SASACJ.UL] aims to double its annual sales of Chairman Mao Zedong’s carmaker of choice, Hongqi, or Red Flag, to 200,000 units this year and grow them further to 1 million cars in the next decade, its chairman Xu Liuping said.
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