Jun 26 2012, no 198
26.06.2012, 19:45
Highlights from this issue:
TOP STORIES
- Professor and R&D manager: challenges and benefits of R&D in China. "In general, multinationals are still expanding R&D in China," says Max von Zedtwitz, Program Director of the China R&D Executive's Program, as the professor and Bruno Raymond, a senior R&D executive in Nokia, discuss challenges, benefits and lessons for conducting researches and innovoations in China. (Page 13) Read more here
- Denmark's Arla Foods gets 6% in Mengniu, promotes brand. "It makes good sense to gather all of the activities in the same organisation," says Arla Foods' Theis Brøgger, as the co-operative not only has a stake in Mengniu, but also aims to boost China sales by fivefold by 2016. (Page 10)
MANUFACTURING
- Danish Petersen Machinery enters China with Shanghai office
- Swedish Getinge to move jobs to Suzhou plant
- US' Eli Lilly opens USD 60m insulin plant in Suzhou
- Baosteel slashes prices for July after mega plant okayed
FINANCE
- China stocks drop to over five-month low as of late June
- New bank credits recover in May, further gains in June
PROPERTY & CONSTRUCTION
- Aussie Goodman to invest over RMB 2bn in industrial space
- Home prices fall in record number of big cities in May
ENERGY & RESOURCES
- Danish Haldor Topsøe to open China plant by 2014
- China keeps hoarding crude oil, import record in May
TRANSPORT & LOGISTICS
- APM Terminals gets foothold in Ningbo, investing over RMB 4bn
- Maersk may cut capacity further to hold up freights
- US' Johnson Controls eyes USD 200m plant amid scandal
FOOD & AGRICULTURE
- Danish Arla Foods gets 6% in Mengniu, brand advances in China
- Carlsberg to invest RMB 4bn in Yunnan for biggest brewery
- Danish agricluture college to train Chinese pig farmers
- Estonian alcohol producer Liviko eyes China for export
IT & TELECOM
- Nokia's job cut to involve China, critical year in 2013
RETAIL & SERVICE
- VIA College already Went West before nursing home project
ECONOMY & POLITICS
- DKK 18bn in Sino-Danish investments in 2 days when Hu visits
- FDI inflow back in the black in May after 6-month losing streak
KEY FIGURES pages 18-20
Wages, inflation, consumer price index, producer price index, industrial output, construction price index and construction volumes, real estate prices and transactions, retail trade, sentiment indicators, currency, credit, interest rates, money supply, stock exchange, foreign trade, current account, GDP, FDI, regional data and key economic data forecast 2012-2013.