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Group In Taiwan To Buy

A group of Chinese mainland-based computer and home appliance manufacturers arrived in Taipei yesterday with plans to buy billions of dollars worth of goods and components from Taiwan.

Officials from 46 mainland firms, including Lenovo and Haier, are in the group, team leader Li Shuilin said.

The firms have won bids to supply farmers and city dwellers with computers and home appliances in a state-subsidized project, and plan to buy chips and other components from Taiwan, Li said.

Local newspapers quoted unidentified Taiwanese officials as saying the total purchases could amount to US$8 billion.


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