Home Business China International Culture��Edu Sci��Tech Sports Life Travel P
hotos
��Search
China Observer
�� ADB: China's economy may achieve soft landing
�� Western food grows popular in China
�� NEET in China shirks independence
Photos
�� Ancient Chinese books exhibit in Japan
�� Prices of top-grade cars to drop
�� Lending rate hikes
Find Suppliers Trade Leads Company Directories Product Directories China
Products China Suppliers Hot Products Hot Buys New Products Search by
Country Trade Shows
��Home>>Photos
SAIC delays purchasing MG Rover
www.chinanews.cn 2005-04-08 14:45:51
The U.K.-based MG Rover Group failed to obtain a 100 million pound loan
from the U.K. government on April 7th. As the sole large car manufacturer
in the U.K., MG Rover and its Chinese counterpart Shanghai Automotive
Industry Corporation (SAIC) hardly convinced the British government of
their profitability. Thus, Patricia Hewitt, Secretary of State for Trade
and Industry, sent out a negotiation team to SAIC last Wednesday to save
the possible partnership between the two car makers. SAIC announced a
delay in purchasing the MG Rover Group.
E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649
Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service
Learn Chinese, Chinese Mandarin, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet
