Ford to invest $1.8 bln to expand R&D in China -CEO

SHANGHAI, Oct 12 (Reuters) - Ford Motor Co will invest 11.4 billion yuan ($1.8 billion) to expand research and development in China, Chief Executive Mark Fields said on Monday.

Fields, speaking at a corporate event in Shanghai, did not offer a time frame or further details on how the money would be spent. ($1 = 6.3303 Chinese yuan renminbi) (Reporting by Adam Jourdan; Writing by Jake Spring; Editing by Kazunori Takada)

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