Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Related News
Investment reduced
March 3, 2009, Tuesday
|
Print Edition
Print Edition
THE Israel Corp said it would cut initial investment in its joint venture with China's Chery Automobile Co by nearly 45 percent amid tumbling sales of new cars.
The company will invest US$500 million in the Chery Quantum Auto during this year to next year, compared to a previous US$900 million. The firm will also lift its holdings in the venture to 50 percent from the original 45 percent. Chery will hold the remaining 50 percent.
The company will invest US$500 million in the Chery Quantum Auto during this year to next year, compared to a previous US$900 million. The firm will also lift its holdings in the venture to 50 percent from the original 45 percent. Chery will hold the remaining 50 percent.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
