China Economic ReviewShanghai Chlor Alkali Chemical Co has agreed to build a chemical plant in Shanghai in a joint venture with BASF of Germany, Huntsman of the US and two Chinese partners, Reuters reported. The plant would produce 160,000 tonnes a year of crude methylene diisocynanate (MDI) and 130,000 tonnes of year of toluene diisocyanate (TDI) – […]
Technology of the US claims that its sales of computer-assisted design and manufacturing solutions to mainland China, Hong Kong and Macau have exceeded US$100m. Half of Gerber's business in China is generated in Guangdong, a province that accounts for about a quarter of China's total garment exports. Gerber has recently made sales to several intimate […]
Taiwan's high-technology industry should benefit significantly from China's membership of the World Trade Organisation, a McKinsey study predicted. WTO rules require mainland China and Taiwan to lift their limitations on foreign investment and the study said that Taiwanese manufacturers should soon be able to invest directly in Chinese businesses. Moreover, as Chinese tariffs on high-tech […]
Hynix Semiconductor has agreed to sell its flat-screen manufacturing business to BOE Technology Group of China for US$380m, the Financial Times said. The unit, which makes thin-film transistor liquid crystal displays for flat-screen televisions, computers and handsets, has been put up for sale as part of the South Korean company's efforts to avoid bankruptcy. BOE […]
In a move to increase sales in China, Dell Computer is selling its 4500S Dimension personal computer for the relatively low price of Yn7,998, Reuters reported. Dell, the world's second largest computer maker, currently accounts for less than 1 per cent of total computer sales in China, and the low price is an attempt to […]