Companies size up in China

Article Abstract:

Kubota Corp., the largest manufacturer of agricultural machinery in Japan, will produce agricultural machinery in a joint venture in Jiangsu, China, by 1999. The move is prompted by the declining sales of farm-machinery in Japan and Southeast Asia. Kubota, which sees great opportunities in the Chinese market, also sets up a facility in the area to avoid the 12% import tax imposed in Japan and consequently offer lesser expensive farm equipment. The company intends to build a facility that could manufacture 1,200 combine harvesters annually and generate approximately 100 jobs.

Comment:

Will produce agricultural machinery in a joint venture in Jiangsu, China, by 1999

Farm Machinery and Equipment Manufacturing, Farm & Garden Equipment, Agricultural equipment, Kubota Corp., Article

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Japan-China trade is racing ahead despite public rift

Article Abstract:

Japan and China are increasing trade, although they may have political disagreements. A Japan External Trade Organization report predicts that 2001 will be a record year for bilateral trade between the two countries, as Japan's exports to China were $15.54 billion and imports from China totaled $28.11 billion in the first half.

Japan, Administration of General Economic Programs, Foreign trade, Bilateral Trade Negotiations, Statistical Data Included, Reports, International trade, International economic relations, Trade negotiations, Japan External Trade Organization

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Matsushita looks to mainland on robust profit forecast

Article Abstract:

Matsushita Electric Industrial Co. is forecasting that it will see continued strong business growth in China in 2000. This is due to a steady level of exports coming from China.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Electrical & Electronic Equip, Electrical Equipment, Appliance, and Component Manufacturing, Electrical equipment and supplies industry, Electric equipment industry, Matsushita Electric Industrial Company Ltd., MC

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