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Multinational corporations seek fresh growth points in China

Multinational corporations seek fresh growth points in China
independent.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.co.uk Daily Mail and Mail on Sunday newspapers.

MNCs seek fresh growth points in China

In China, Covestro AG, a German chemicals manufacturer, is setting up a new plant in Zhuhai, Guangdong province; Schneider Electric SE, a French industrial conglomerate, will build an industrial park in Xiamen, Fujian province; and Bridgestone Corp, a Japanese tire company, has announced it will invest 562 million yuan ($77.6 million) in China over the next three years.

Overcapacity talk won t affect MNCs commitment

Overcapacity talk won t affect MNCs commitment
china.org.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from china.org.cn Daily Mail and Mail on Sunday newspapers.

Covestro beats first-quarter core profit expectations

German chemicals maker Covestro on Tuesday beat first-quarter core profit expectations, citing reductions in raw materials and energy costs that helped partially offset a decline in sales prices. .

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