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SHANGHAI, May 13 (Reuters) - General Motors Corp (GM.N) plans to export vehicles made at its joint ventures in China to the United States in the coming years, the official Shanghai Securities News reported on Wednesday.
The move will make GM's two China vehicle manufacturing ventures the first among Chinese producers to export passenger cars to the United States, the newspaper added.
The bondholders are protesting the terms of the offer under which they would swap their $27bn claim for a 10 per cent equity stake, while the union, with a $10bn claim, would end up with 39 per cent.........The US government would own 50 per cent, with the rest split between bondholders and the UAW.