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Expansion uncertainties dog colony steel company

Article Abstract:

Observers report that the recent retirement of Zhou Guanwu from the chairmanship of China's Capital Iron and Steel Co. is having an impact on the company's Hong Kong affiliate. Zhou's retirement has cast doubt on Shougang Concord International Enterprises Co.'s (Shougang) ambitious expansion plans and investors have been advised to take a wait-and-see attitude with regard to the company's stock. Shougang had been popular with investors because of Zhou's close relationship to Deng Xiaoping. Many had anticipated lucrative contracts for the company in view of its political connections but Zhou's recent retirement has thrown all such speculation askew.

Metal and Mineral (except Petroleum) Wholesalers, Metals service centers and offices, Metals Wholesale, Securities, Steel industry, Metal wholesalers, Shougang Concord International Enterprises Co.

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Back home, again

Article Abstract:

Returning Hong Kong resident Tony Leung, from Canada, showed his optimism in Hong Kong's future, even under China's control. Leung believes Hong Kong has the flexibility to weather any effects the handover has on the colony's economy. Leung has left behind his life in Canada to start life anew in his old country, optimistic that the job market in Hong Kong is more favorable and challenging than that which he left behind in Canada. Leung does miss many of the comforts and conveniences of life in Canada.

Social aspects, Behavior, Hong Kong, Hong Kong-China reunification question, Leung, Tony

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Veteran of China projects has hands full managing Whirlpool's expansion

Article Abstract:

Guangdong-born Wah-hui Chu is playing a critical role in Whirlpool Corp.'s ambitious drive to be a major player in the potentially vast Chinese appliance market. The Whirlpool effort is not Chu's first experience with such a venture, having worked previously with H.J. Heinz and Quaker Oats in their respective projects in China. Chu will serve as the president and general manager of Whirlpool Greater China Inc.

Household Appliances, Household Appliance Manufacturing, China, Management, Home appliances industry, Appliance industry, Appliances, Chu, Wah-hui, Whirlpool Greater China Inc.

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