Tags: China
FoxConn Turns to China
Foxconn to dissolve JV with Metro AG. Foxconn Technology Group, after its failed joint venture with Metro AG, a German retailer has said it will turn to China for expansion of its retail business.
Richter of Hungary forms JV in China
Richter partners with marketing arm to conquer Chinese market. Richter, the Hungarian drug maker has just entered into a joint venture partnership to be able to market its products better in the world's largest market, China.
Xerium Technologies Announces Another Step In Its Restructuring
Xerium Technologies Announces Another Step In Its Restructuring Xerium Technologies, Inc. (NYSE: XRM), a leading global manufacturer of clothing and roll covers used primarily in the paper production process, is announcing today the closing of 2 more of its manufacturing plants, the further reduction of headcount in Europe and the movement of polyurethane roll casting equipment to China.
Global Outlook: Broken China?
As we have long expected, China is beginning to decelerate. As we have long expected, China is beginning to decelerate. Recent data releases have suggested that the country's economy is undergoing a rapid and traumatic rebalancing as policymakers steer away from resource-intensive investment and infrastructure activities and toward a more sustainable consumption-driven model.
