Toyota Motor Corporation announced today that Toyota FAW (Tianjin) Dies CO., LTD. (TFTD), its stamping die-production joint venture with China FAW Group Corporation (FAW) in China, can now produce automotive stamping dies (such as for automobile body panels) for six vehicle models a year, up from three. In addition to production for the Chinese market, TMC also said TFTD has started production for export, initiating the first ever export of Toyota automotive stamping dies made outside Japan.
Over 250 Chinese companies worth in excess of $14 billion have been bought by international acquirers over the past year, with the United States, UK and Singapore leading the way in establishing a foothold in China's rapidly-expanding economy, according to an analysis by Grant Thornton.
Following the sanction of foreign direct investment (FDI), the retail sector in India has been thriving and numerous local and international companies have been thronging to the organized segment. The increasing levels of disposable incomes have catalyzed the growth of the retail sector, creating a need for efficient and cost-effective logistics operations.
www.IndiaStockMarket.com (ISM), a global investor website for investing in India, presents an exclusive look at India's water industry in this week's "Investing In India" with Dr. Uday Lal Pai, a well known financial writer based in India. The focus of this week's column takes a close look at the depleting water resources and the break down of water infrastructure that is restricting the region's ability to provide usable and drinkable water to its residents. In addition, perspective from water technology company Hendrx Corp (OTCBB: HDRX), evaluates current challenges and technological solutions to India's water crisis.
Demand for plumbing products in China is projected to increase nearly 13 percent per annum through 2009 to almost 85 billion yuan, outpacing growth in most other parts of the world.
China will have more than 500 million mobile phone subscribers by next year—37% of the population. The country's dense urban markets are already saturated with mobile phones, and by 2010, almost half of China's 1.3 billion people will be using mobile phones, according to eMarketer's new report, China Mobile.