Hyundai and its affiliate Kia saw combined China sales slump 52 percent in March.
Scott Steele will also assume Thompson’s previous role as Head of the SG office
The project is named Apollo after the lunar landing program.
Affluent Partners is acquiring 33% of Dellos Group to expand into the drinks business.
U.S. companies in China face one of the most challenging environments in decades in 2017.
China Creation Ventures has raised their first fund of $220 million.
Both firms will also source new opportunities outside China over next 3 years.
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