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Foreign carmakers embrace China as electric car development hub

SHANGHAI:¬†China's crackdown on vehicle pollution will turn the world's largest auto market into a hub for cutting edge electric car technologies previously exported from Europe and the United States, industry executives at the Shanghai motor show said. Foreign automakers have long been building cars in China to meet surging demand in the world's most populous nation. But a raft of proposals to promote cleaner driving is now encouraging them to do more research in China, potentially turning the country into a world…