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BRIC : Manufacturing


China factory output lifts hopes for world economy

Comments0 CommentsPosted: Friday 12/06/2009 15:12 by: Paul H

China’s May factory output rose more than forecast and retail sales growth accelerated, giving new impetus to investor hopes the world’s third-largest economy can lead a global revival.

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China : WSP Holdings Acquires Steel Billet Manufacturing Assets

Comments0 CommentsPosted: Tuesday 02/06/2009 11:17 by: Paul H

WSP Holdings Limited (NYSE:WH) a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction, has announced that it established a company through its wholly-owned subsidiary in northeast China to produce steel billet and ensure steady supplies for its growing OCTG manufacturing capacities.

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