
TOKYO -- Nissan Motor will spend about 100 billion yen ($904 million) to build a new assembly plant in China and expand production lines at two existing plants there, looking to raise passenger car capacity in the country 30% by 2020.
The Japanese company increases its dependence on the Chinese market as the U.S., Nissan's top-earning market, shows signs of shrinking, and uncertainty hangs over the European economy ahead of Brexit.