BorgWarner sees 45 pct annual China sales growth

U.S. auto parts maker BorgWarner Inc expects compound annual sales growth of 45 percent in China until at least 2014, its chief executive said on Tuesday, as it expands its business in the world's third-largest economy.

Timothy Manganello told Reuters in an interview on the sidelines of a business event in Shanghai that he also expected more than 15 percent of the company's sales to come from China by 2014, compared with about 12 percent now.