UPDATE 1-German car parts suppliers asked to form JVs in China -Stuttgarter
August 25, 2014 at 05:15 AM EDT
FRANKFURT/SHANGHAI, Aug 25 (Reuters) - Three German car parts suppliers have been told by China they can no longer manage their Chinese units independently but need to form partnerships with local peers, the chief executive of auto parts maker ElringKlinger told a German paper.
