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Mattel Apologizes to China!
A shameful kow-tow. “Our reputation has been damaged lately by these recalls,” Thomas Debrowski, Mattel’s executive vice president of worldwide operations, told China’s quality watchdog chief, Li Changjiang, in the Chinese capital. Mattel takes full responsibility for these recalls and apologizes personally to you, the Chinese people and all of our customers who received the [...]
Hunan Anchun New And Hi-tech Co., Ltd.
Hunan Anchun New And Hi-tech Co., Ltd. Products/Services Offered: Chemical reactor, Catalyzer Primary Business Type: Manufacturer Year Company Founded: 1993 Number of Employees: 114 Products: Alcohol Ether Catalyzer, Alkane Catalyzer, Ammonia Synthesis Converter, Cad Platform, Catalyzer Self-discharging Unit, Citronella Oil, Eucalyptus Oil, Extract Of Ginkgo Leaves, Garlic Oil, Gas Solid Phase Chemical Reactor, Heat Exchanger, [...]
Ningbo Ruyi Joint Stock Co., Ltd.
Ningbo Ruyi Joint Stock Co., Ltd. specializes in manufacturing Hand Pallet Trucks, Electric Pallet Trucks, Electric High Lift Trucks and Electric Scissor Lift Tables with “XILIN” as their brand, is the largest manufacturer for hand pallet trucks in Asia. Our assets is 1.8 hundred million RMB. And our bank credit grade is AAA. We have [...]
Chrysler Hires Former GM China Chief
Chrysler LLC said it hired Phil Murtaugh, who served as chief of General Motors Corp.’s China operations before becoming an executive vice president at a unit of one of China’s largest state-owned auto manufacturers, Shanghai Automotive Industry Corp. Read Original Post Here
Auto Maker Reports Profit Drop of 32%
Car maker Geely Automobile Holdings Ltd. said that its first-half net profit fell 32% on lower sales of low-end sedans. It also had a wider loss from the change in the fair value of a convertible bond. Net profit fell to HK$82.4 million (US$10.6 million) from HK$120.7 million a year earlier, the Zhejiang province manufacturer [...]
Cellphone Buyers Want Affordable Status Symbols
With Western markets becoming saturated with cellphones, device manufacturers such as Nokia Corp. and Sony Ericsson Mobile Communications AB are turning toward consumers in China and other emerging markets, where a small but growing percentage of customers are upgrading their phones faster than before. Read Original Post Here
Will Protectionism Fly?
Two stories caught my eye recently, both relating to protectionism – a risk issue that has been highlighted for some time by “China Shakes the World” author, James Kynge. In the first story Reuters reports of protectionism in China’s energy sector: “A strong bias toward local producers and rigid price controls hinder European investors from [...]
Chinese-Made Condoms Fail to Stimulate Confidence
A reference in passing to the origin of these condoms suffices to make this another “Uh-oh, Made in China” story. Check your wallets, boys. [Thanks once again to the wide-eyed Miss Johnson From London for the onpass.] The usual noises are heard, this time in Canada: China’s ambassador to Canada said importers share some responsibility [...]
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