End of the road: Local makes of foreign cars will get rammed

Article Abstract:

Automakers in Taiwan are nervous as the country prepares to join the World Trade Organization with its requirements for lower tariffs and ready access for outside competitors. No more than four of Taiwan's 11 automakers are likely to survive the onslaught of cheaper imports, expected to rise from 35% to 50% of the market. Taiwan's auto industry is only now taking off after more than two decades of work, and many are frustrated. Some are diversifying into car parts and other areas that might sustain them in coming years.

Taiwan, Automobile industry, International trade

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Net prophet: Chinese fisherman strikes liquid gold

Article Abstract:

Deng Xiaoping's economic reforms unleashed fisherman Huang Lefu and inspired him to launch the township enterprise Zhuhai Zhongfu about 10 years ago. Now it is one of Coca-Cola's top bottle suppliers in China and expanding rapidly with 50 other clients. Huang's keys have been speed, decisiveness, and luck. His is also one of the few rural enterprises not in the agriculture business, even in the booming Guangdong province. Such enterprises benefit from govt support and loans but are distant enough to go their own way.

Glass containers, Glass Container Manufacturing, Glass Beverage Bottles, Container industry, Guangdong, China, Beverage container industry, Beverage containers, Glass bottles

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Fly in the ointment: Chinese rules trouble Japan's electronic firms

Article Abstract:

New foreign-investor guidelines issued by China on June 27, 1995, have made some of Japan's largest electronics companies nervous, and may lead to cutbacks in planned investments. Matsushita Electric may drop unannounced plans for a Chinese color-TV plant, and Canon and Toshiba both seem discouraged. China also wants companies to export a share of their Chinese production equal to the foreign ownership share of the Chinese facility, whereas in the past a business more than 50% foreign-owned only had to export 50%.

Foreign operations, Foreign investments, Japan, Economic policy

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