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theindependent - 3 days ago

GIC yet to file lawsuit against Chinese electric vehicle manufacturer NIO, say sources

SINGAPORE: Earlier reports suggested that Singapore’s sovereign wealth fund, GIC, was preparing to initiate legal action against Chinese electric vehicle manufacturer NIO. However, sources have clarified that GIC has not yet filed a lawsuit against NIO or any of its executives. A document that recently circulated online appeared to indicate that a government investment company [ ]


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