General Motors Co. will incur two noncash charges of more than $5 billion for recognizing the change in value of its joint-venture business in China and restructuring costs there, according to a Wednesday filing with the Securities and Exchange Commission.

GM expects a $2.6 billion to $2.9 billion write-down, or reduction in value on its investment, in its China joint venture. It will also see an expected loss of $2.7 billion resulting from restructuring the business, which includes "plant closures and portfolio optimization," the filing states. A majority of the charges will be recorded in the fourth quarter, GM noted in the filing.

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