Japanese firms beef up presence
By Rong Xiandong (chinadaily.com.cn)Updated: 2007-03-20 09:15
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Kobe Steel Ltd, a leading Japanese steel maker, has kicked off production at its copper plate plant in East China's Jiangsu Province.
The plant was constructed last July with an investment of 500 million Japanese yen (US$4.27 million).
"China has a huge market potential, especially for non-ferrous metal manufacturers supplying auto parts," a Kobe Steel executive said.
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The full text is available in the March Issue of AutoChina.
(For more biz stories, please visit Industry Updates)