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Foreign companies in china round-up: gm, yum, rds.a, hot, rl, appl,chu - Rugged Tablet PCS Manufact by e55he swrzsnb





Article Author Biography
Foreign companies in china round-up: gm, yum, rds.a, hot, rl, appl,chu - Rugged Tablet PCS Manufact by
Article Posted: 05/14/2013
Article Views: 120
Articles Written: 2033
Word Count: 395
Article Votes: 0
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Foreign companies in china round-up: gm, yum, rds.a, hot, rl, appl,chu - Rugged Tablet PCS Manufact


 
Business,Business News,Business Opportunities
June 6 – General Motors Co (NYSE: GM) said it sales in Chinarose 21% year on year to 231,183 vehicles in May as demand forminivans produced by a local joint venture boosted overall sales,the Wall Street Journal reported. For the first five months, itreported sales of 1.2 million vehicles, up 12% from a year earlier.But a drop in the auto maker's premium Cadillac division in thecountry indicates GM continues to face an uphill battle. online.wsj.com/article/SB10001424052702303918204577447884049674306.html June 6 – Yum! Brands Inc's (NYSE: YUM) KFC opened its 300thstore in Shanghai, making the city China's number one by KFCrestaurants. .cn/web/archives/2012/211958.shtml June 5 – Royal Dutch Shell PLC (NYSE: RDS.A) said its earlydrilling results for shale gas in China are encouraging and it nowexpects to make its development in the country a profitableproposition, the Wall Street Journal reported. Shell signed thefirst production sharing contract to explore, develop and produceshale gas in China in March, fitting in with China's strategy tointroduce technical know-how to the development of its untappedreserves of the unconventional fuel.

online.wsj.com/article/SB10001424052702303918204577447362914200228.html June 1 – Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) said it plans to open 12 hotels in second and third tiercities in China to meet strong local demand. The US hotel chainexpects to operate 80 hotels in the country by the end of 2015. .cn/web/archives/2012/211351.shtml June 1 – Ralph Lauren Corp (NYSE: RL) said it will open 60outlets in China in the next three years, including 15 outlets ineach of Hong Kong, Shanghai and Beijing by the end of this year. .cn/web/archives/2012/211463.shtml June 1 – Chinese regulators have approved an Apple Inc(Nasdaq: APPL) device with high-speed wireless-data capabilities,suggesting that the US computer maker is one step closer to sellingthe latest version of its iPad in China, the Wall Street Journalreported.

The device would be compatible with the network of ChinaUnicom Ltd (NYSE: CHU, SHA: 600050, HKG: 0762), Apple's longtimepartner in releasing its iPhone and iPad devices. The notice on thewebsite did not name the device, listed as "model number A1430." online.wsj.com/article/SB10001424052702303640104577436064017202438.html June 1 – Japan's Sharp Corp expects its revenue from China togrow 55% to ¥60 billion this year, said Sharp China CEONobuyuki Sugano. news/2012/06/1775516.html $1 = ¥6.36.

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