kumagai seeks ventures
Article Abstract:
Kumagai Gumi (Hong Kong) has put more effort on the mainland's construction projects. It has formed a China Business Department for developing better business strategies in the mainland. It also won a HK$1 bn contract to build Shanghai 21st Century Tower from China Everbright Group. the project will build a 49-storey building with gross floor area of 100,000 sq metres in Lujiazui Pudong. It has HK$6.7 bn investment projects in property, infrastructure and HK$7.7 bn construction contracts in China. *
Comment:
Puts more effort on construction projects in mainland China, forming China Business Department for developing bsns strategies
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Car makers reach pricing deal
Article Abstract:
China's government is reported to be planning to introduce a new set of measures designed to stimulate car manufacturing, with these to include tax breaks, more financial independence, priority in debt and stock issues, and easier access to loans and overseas capital. Meanwhile, over 10 of the country's largest automotive companies have reached an agreement whereby they will not sell below cost in order to increase sales. The companies names were not revealed. *
Comment:
China: Government is reported to be planning to introduce new set of measures designed to stimulate car manufacturing
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Car industry mergers 'vital'
Article Abstract:
Peter Hellman, president and chief operating officer of TRW said China has too many small automobile manufacturers that were unable to cut costs and improve efficiency. Thus, mergers can increase its competitiveness. China has 120 automotive manufacturers and more than 600 refitting factories. The total automobile output was only 1.5 mn in 1997, less than that of a single car plant in Japan. *
Comment:
China: Has too many automobile mfrs that are unable to cut costs & improve efficiency & thus, mergers can raise competitiveness
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Bumpy road ahead; Japan's car makers hit by slumping demand. A cut above: Chinese-Canadian film-makers story draws kudos
- Abstracts: Une eau tr s pr cieuse Coke hopes Dasani makes splash in U.S. Nestle adds to mineral water portfolio with Quezac launch
- Abstracts: Black is beautiful: the darker side of concrete. Building in conservation
- Abstracts: America's 30-year itch. Empires of the air: America's radio business. A case of office block: antitrust policy in America
- Abstracts: kin don defies market in debut debt-free recor back on track Sharp jump in Hibor as concern over liquidity mounts