Source: www.reuters.com

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BERLIN (Reuters) - Volkswagen is planning a significant investment in a joint venture in China for software production, sources with knowledge of the matter said on Thursday.

An official announcement is expected next week, one person close to negotiations said. A second source said the investment would be above 1 billion euros ($990.60 million).

Volkswagen declined to comment.

($1 = 1.0095 euros)

Reporting by Jan Schwartz, Writing by Victoria Waldersee, Editing by Miranda Murray