China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: Julius Wong who wrote (1611)	11/29/2003 5:45:40 PM
From: Julius Wong	Read Replies (1) of 6370

Over 4,500 ROK companies invest in east China coastal city QINGDAO, Nov. 29 (Xinhuanet) -- More than 4,500 companies from the Republic of Korea (ROK) had made investments in Qingdao, one of east China's coastal cities, by the end of September, said Jong-Sun Park, ROK consul-genera l to Qingdao Saturday. There are a total of 45,000 ROK people living in Qingdao, accounting for 80 percent of all foreigners in the city, the diplomat told the Sino-Foreign Enterprise Culture Qingdao Summit 2003. Although ROK companies' total foreign investment shrank by 9 percent in the first three quarters of this year, the part going to China increased by 70 percent, of which Qingdao took one-third. news.xinhuanet.com

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