News for June 20, 2006
Chinese investment in Newnan, Georgia (June 20, 2006) Atlanta Journal-Constitution - A soy sauce plant in Newnan will be the first significant investment by a Chinese company in metro Atlanta. Lehui Enterprises, China's largest producer of food packaging equipment, will partner with an American firm to open a condiment manufacturing plant that could create more than 200 jobs in Coweta County over the next two years.
China remains investors' darling (June 20, 2006) China Economic Net - China last week has called on local authorities around the country to control new projects, as the government tries to restrain breakneck economic growth.
More cold showers for China (June 20, 2006) Asia Times Online - A soy sauce plant in Newnan will be the first significant investment by a Chinese company in metro Atlanta. Lehui Enterprises, China's largest producer of food packaging equipment, will partner with an American firm to open a condiment manufacturing plant that could create more than 200 jobs in Coweta County over the next two years.
Foreign trade grows in first 5 months (June 20, 2006) China Economic Net - China's total value of import and export in the first five months of 2006 reached 647.85 billion US dollars, an increase of 23.9% over the same period of last year. Among the total value, export contributed 347.32 billion US dollars, and import yielded 300.53 billion US dollars.
Tyco Electronics to expand production (June 20, 2006) China Daily - Tyco Electronics, one of the world's leading electronic components manufacturers, will launch two new facilities in China by next March in a bid to reinforce its production base in the country.
China's most valuable brands (June 20, 2006) China Economic Net - China's 500 Most Valuable Brands in 2006 released by World Brand shows that Haier, with a brand value reaching 63.989 billion yuan, keeps the first place, followed by Lenovo, China Mobile, CCTV, Chang Hong, Bank of Communications, GOME, China Life, CREC, and Sinochem.
Drivers to Pay US$125 Compulsory Insurance (June 20, 2006) China Internet Information Center - Drivers across China will be compelled to pay about 1,000 yuan (US$125) for compulsory insurance before getting behind the wheel of a vehicle. The vehicle liability insurance will become compulsory on July 1.
China remains investors' darling (June 20, 2006) China Economic Net - China last week has called on local authorities around the country to control new projects, as the government tries to restrain breakneck economic growth.
More cold showers for China (June 20, 2006) Asia Times Online - A soy sauce plant in Newnan will be the first significant investment by a Chinese company in metro Atlanta. Lehui Enterprises, China's largest producer of food packaging equipment, will partner with an American firm to open a condiment manufacturing plant that could create more than 200 jobs in Coweta County over the next two years.
Foreign trade grows in first 5 months (June 20, 2006) China Economic Net - China's total value of import and export in the first five months of 2006 reached 647.85 billion US dollars, an increase of 23.9% over the same period of last year. Among the total value, export contributed 347.32 billion US dollars, and import yielded 300.53 billion US dollars.
Tyco Electronics to expand production (June 20, 2006) China Daily - Tyco Electronics, one of the world's leading electronic components manufacturers, will launch two new facilities in China by next March in a bid to reinforce its production base in the country.
China's most valuable brands (June 20, 2006) China Economic Net - China's 500 Most Valuable Brands in 2006 released by World Brand shows that Haier, with a brand value reaching 63.989 billion yuan, keeps the first place, followed by Lenovo, China Mobile, CCTV, Chang Hong, Bank of Communications, GOME, China Life, CREC, and Sinochem.
Drivers to Pay US$125 Compulsory Insurance (June 20, 2006) China Internet Information Center - Drivers across China will be compelled to pay about 1,000 yuan (US$125) for compulsory insurance before getting behind the wheel of a vehicle. The vehicle liability insurance will become compulsory on July 1.

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