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Published on 9th February 2010
Japanese carmarker Nissan today reported a return to profit in the last quarter thanks to strong sales in China.
"For Nissan, I am placing my hope on China, whose contribution has become clear to the automaker's recovery," Takeshi Osawa, a senior fund manager at Norinchukin Zenkyoren Asset Management, told Reuters.
Nissan suffered huge losses last year, but has found it's way back to profit with a focus on the emerging markets of India and China.
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