also sees the market picking up it'd be timely we asked for peta norton what he thinks about china opening its costs allowing foreign investors majority stakes in joint ventures for the first time you very much welcome the opening up of the chinese market for foreign investment that's great we've also quickly taken the initiative to step up our stake in our joint venture for b.m.w. and we've significantly increased our investment here in china also in local production facilities so we welcome that china is a key strategic markets and b.m.w. group but only because of its size but also because it's very advanced when it comes to new technologies like electrification and also automated driving. the o.e.c.d. group of rich nations says chinese stimulus will shore up growth this year and next but it warms the measures may see debt balloon aging as stepped up efforts to prevent a slowdown from accelerating weak a domestic demand and trade tensions as squeezing the world's second largest economy corporate debt has fallen off first state clampdown on risky of financing local governments could be si