Industry & Market
Industry & Market
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Automotive Components Manufacturer Wanxiang Is Planning to Invest $450m in A123 Systems
Dec 6, 2012Chinese automotive components manufacturer Wanxiang is planning to invest $450m in A123 Systems under a non-binding memorandum of understanding (MOU). The investement is expected to create the capital structure necessary for the company ...
Tags: Wanxiang, A123 Systems, MOU
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The New Phantom Series II Cars Has Been Unveil by Rolls-Roycen in Taipei, Taiwan
Dec 6, 2012British manufacturer of super-luxury motor cars, Rolls-Royce, has unveiled the new Phantom Series II cars in Taipei, Taiwan. The new Phantom family of cars is powered by a V12 direct injection engine which will be mated to a new 8-speed ...
Tags: super-luxury motor cars, Rolls-Royce, new Phantom Series II cars
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Yusco Leaves Its List Prices for Its Stainless Steel Products Unchanged for December
Dec 6, 2012It's reported that Yieh United Steel Corp. (Yusco), one of the major stainless steel manufacturers in Taiwan announces to leave its list prices for its stainless steel products unchanged for December. Also, the company remains its ...
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Gm Has Increased 11.7% in Vehicle Sales in The Country, During The January to July 2012
Dec 6, 2012General Motors (GM) and its Chinese joint ventures have reported 11.7% rise in vehicle sales in the country, during the January to July 2012 period, to 1,616,550 units when compared to the same period in 2011. Shanghai GM reported ...
Tags: General Motors, joint ventures, vehicle, domestic sales, Buick
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Third Phase Expansion of Vehicle Manufacturing Facility Is Compeleted by Dongyue Motors
Dec 6, 2012General Motors’ Shanghai GM Dong Yue Motors has completed the third phase expansion of its vehicle manufacturing facility in Yantai, Shandong,China. GM has invested CNY2.53bn ($398m) for the expansion which has doubled the ...
Tags: Shanghai GM, third phase expansion, vehicle manufacturing facility
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Jaguar Land Rover and Chery Have Begun Construction on a New Manufacturing Facility
Dec 6, 2012British luxury car manufacturer Jaguar Land Rover and Chinese automaker Chery Automobile have begun construction on a new manufacturing facility, as part of a CNY 10.9bn ($1.73bn) joint venture (JV) project, in east China's Jiangsu ...
Tags: luxury car, Jaguar Land Rover, Chery Automobile, joint venture
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Gm Sales in China Increased 1.7% to 244,266 Vehicles in September 2012
Dec 6, 2012General Motors (GM) sales in China increased 1.7% to 244,266 vehicles in September 2012, compared to the same period in 2011. Shanghai GM's domestic sales increased 3.7% to 120,010 units in September while SAIC-GM-Wuling's sales in China ...
Tags: General Motors, vehicles, domestic sales, Chevrolet sales, Buick
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China Mengniu Dairy Is in Talks to Acquire China Modern Dairy
Dec 5, 2012China Mengniu Dairy is in talks to acquire China Modern Dairy, a leading raw milk supplier in China, in order to gain better control over its milk supply. China's state-owned COFCO and US-based private-equity firm KKR - the largest ...
Tags: leading raw milk supplier, better control, milk supply
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Oystar Oystar Will Provide Equipment to Chinese Food Company as Part of a Contract
Dec 5, 2012German packaging machinery provider Oystar will provide equipment to Chinese food company Want Want, as part of a contract. Initially, the company will deliver two model EF 320 form, fill and seal machines from Oystar Erca to Shanghai in ...
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New Vehicle Manufacturing Facility Is Released by Volkswagen
Dec 5, 2012Shanghai Volkswagen Automotive, the German carmaker Volkswagen's Chinese JV company with SAIC Motor, has unveiled a new vehicle manufacturing facility in Yizheng, Eastern China. The new facility, with a capacity to produce 300,000 ...
Tags: Volkswagen Automotive, SAIC Motor, new vehicle manufacturing facility
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Wahaha Is in a Leading Position to Acquire United Biscuits' Snacks Business
Dec 5, 2012Chinese food and beverage firm Wahaha is in a leading position to acquire United Biscuits' snacks business, KP Snacks, for £520m. This move comes after the owners of United Biscuits, US private equity firm Blackstone and the French ...
Tags: food and beverage firm, leading position, snacks business
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12.1% Hike in Q3 Revenues Is Posted by Zuoan Fashion
Dec 5, 2012Zuoan Fashion Limited a leading design-driven fashion casual menswear company in China,today announced its financial results for the third quarter ended September 30,2012. James Hong,Founder,Chairman of the Board and Chief Executive ...
Tags: casual menswear, financial results, distributor sales, revenue growth
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Sovereign Gold Has Secured an Increase in Funding to AUD 21 Million in Chinese
Dec 5, 2012Sovereign Gold has secured an increase in funding to AUD 21 million from China's Jiangsu Geology and Engineering Company to fast track exploration of the company's gold tenements in New South Wales. Sovereign Gold and Precious Metal ...
Tags: Sovereign Gold, Precious Metal Resources, fast track exploration
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Huishan Holdings Plans to Raise $800m to $1bn Through an Initial Public Offering
Dec 5, 2012Chinese dairy firm Liaoning Huishan Holdings is planning to raise$800m to$1bn through an initial public offering. It has invited banks to submit proposals to handle the IPO on the Hong Kong Stock Exchange by 6 October,Wall Street ...
Tags: initial public offering, image, investors
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Aluminium Industry and Effect on The Global Cost Curve Were Highlights
Dec 5, 2012The peculiar economics of China's aluminium industry and its effect on the global cost curve were highlights of the morning session of the final day of Arab International Aluminium Conference ARABAL 2012. On the other hand, the discussions ...
Tags: Aluminium, China's aluminium industry, energy resources
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