- Registration time
- Last login
- Online time
- 4899 Hour
- Reading permission
French Business Interests in China
Hi Renegadedog9. Some stats for you.|
On Saturday, French heavy engineering company Alstom said it had won contracts to supply 60 trains and 180 freight engines, as well as to equip three hydroelectric plants. The deals are worth a combined 1 billion Euros (US$1.2 billion).
Meanwhile, French oil major Total and China's Sinochem Corp. set up a 900 million yuan (US$109 million) joint venture to sell oil products at north China gasoline stations. Sinochem, one of China's Big Four oil conglomerates and a Fortune Global 500 company, will hold a 51 percent stake in the new JV.
Also on Saturday, French telecommunication equipment maker Alcatel finalized a deal worth 100 million Euros (US$120 million) with Chinese electronics company TCL Group to produce cell phones.
French utility company Suez announced that it had won a contract to build a water treatment plant in Qingdao, Shandong Province, and distribute water in the area for 25 years. Suez expects to increase the 2 million people it now serves in Qingdao to 12 million during that period.
And before the day was out, two Chinese airlines ordered 26 Airbus aircraft.
Flag carrier Air China ordered six A319s, which are scheduled for delivery in 2005. The carrier plans to deploy the aircraft mainly on routes linking high-altitude airports in southwest China's Sichuan Province and Tibet Autonomous Region.
(Notice that they do not mind supplying airplanes which will fly to Tibet)
Meanwhile, China Eastern Airlines will purchase 20 of Airbus' A330-300 aircraft.
Other French companies, including France Telecom and the Dassault Group, also inked contracts with Chinese business partners over the weekend.
What about normal everyday goods I hear you ask???
Paris-based Carrefour has some 240 stores in China, and plans to open as many as 150 more this year. Its 2003 sales of $1.8 billion make it China's fifth-biggest retailer. China "is very important for our future," says Jean-Luc Chéreau, executive manager of Carrefour China.
This is just a few of the French businesses in China. Which makes it all the more odd that their President should become an Olympics Politician. And if China is the wrong place for the Olympics where would it be politic to hold them?
Quote: http://media.www.theorion.com/me ... aning-3295598.shtml Megan Wilson
The boycott (of the Olympics) may seem like a sound idea, but it focuses on only one of many human injustices going on in the world, unintentionally downplaying the rest. If the Olympics were solely for countries with immaculate human rights records, according to Amnesty International, a human rights watch group, only five countries would be able to compete: Netherlands, Norway, Denmark, Iceland and Costa Rica.
These are the only places in the world that aren't committing what Amnesty International considers "significant" threats to human rights. Whether you agree with that dismal number, the amount of social injustice around the world is staggering, and China is no exception.
Netherlands, Norway, Denmark, Iceland and Costa Rica and the rest of the world is in violation of human rights. Well that leaves a lot of choice!
PS. Thanks Mengzhi. 6 billion, forgot the other people who love sport for the sake of sport.