News Manufacturing & Economy China’s New Formula: Manufacturers Begin to Move Beyond Low Cost
China’s New Formula: Manufacturers Begin to Move Beyond Low Cost
Thursday, 29 May 2008 12:03

At a sprawling plant in Nanjing, engineers working for BASF are finalising ambitious plans. The site – a joint venture between the German chemicals manufacturer and Sinopec, the Chinese energy group – is set to receive $900m in investment, a scheme intended to boost output by 25% over the next three years

Source: Financial Times

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