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Foreign companies in china round-up: nke, appl, tm, aes, cs, ge, gm - China Solid Surface Products by ethrh erbdgf





Article Author Biography
Foreign companies in china round-up: nke, appl, tm, aes, cs, ge, gm - China Solid Surface Products by
Article Posted: 04/04/2013
Article Views: 108
Articles Written: 1421
Word Count: 400
Article Votes: 0
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Foreign companies in china round-up: nke, appl, tm, aes, cs, ge, gm - China Solid Surface Products


 
Business,Business News,Business Opportunities
May 9 – Nike Inc (NYSE: NKE) opened an experience store inGuangzhou, Guangdong's provincial capital. The 2,000m2 outlet isthe largest sportswear retailing space in the city. .cn/web/archives/2012/208038.shtml May 9 – A California judge threw out Proview Electronics Co'slawsuit against Apple Inc's (Nasdaq: APPL) iPad trademark in China,the Wall Street Journal reported. Proview alleged that it wasdeceived when Apple acquired the iPad trademarks from it in 2009,and has made the same claims in a Guangdong court, which has urgedthem to reach a settlement. online.wsj.com/article/SB10001424052702304363104577392582465423086.html May 8 – Toyota Motor Corp (NYSE: TM) will introduce 20 modelsof hybrid vehicles in China in the next three years, chairman AkioToyoda said.

finance.qq.com/a/20120508/002375.htm May 8 – AES Corp (NYSE: AES), a Virginia-based power company,said it plans to sell most of assets in China valued at $134million after government-regulated electricity prices failed topass on rising coal costs to consumers. cn.reuters.com/article/chinaNews/idCNCNE84701020120508 May 8 – Credit Suisse Group AG (NYSE: CS) plans to boostcapital at its Chinese joint venture and apply for stock tradingpermit in the country after the government loosened restrictions onforeign investment banks, Bloomberg reported, citing Zhang Liping,the Swiss bank's CEO for the country. China agreed last week to letforeign investment banks raise their stakes in domestic jointventures to 49% from 33%, and to shorten the qualification periodfor a trading license to two years from five. news/2012-05-08/credit-suisse-to-seek-china-stock-trading-permit-with-new-rules.html May 8 – General Electric Co (NYSE: GE) has linked up withChina XD Electric Co (SHA: 601179), an electrical equipment maker,to strengthen its position in the international market, theFinancial Times reported.

The partnership, which includes GE paying$535 million for a 15% stake in XD, will sell equipment for powertransmission and distribution in China and around the world. GEwill also sell XD's products worldwide, and take a 41% stake in ajoint venture serving customers in China. intl/cms/s/0/db9c0bb2-9858-11e1-8617-00144feabdc0.html May 4 – General Motors Co (NYSE: GM) said its sales volume inChina rose 8.7% year on year to 745,000 units in Q1 2012. Thenation became its largest single market in 2011 after 2.54 millionvehicles were sold there, compared to 2.5 million in the US.

Itssales in the country rose 12% year on year to 227,217 vehicles inApril. news/2012/05/1691489.html $1 = ¥6.29.

We are high quality suppliers, our products such as China Solid Surface Products , Polyester Solid Surface Manufacturer for oversee buyer. To know more, please visits Solid Surface Products.

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