48811
Purchase Offer
Purchase Offer

Purchase Offer

Purchase Offer

China’s influence in global metals markets just stepped up a gear after the owner of its top supplier of aluminum products agreed to buy Aleris Corp. of the US for $2.3 billion, marking the nation’s biggest-ever overseas purchase of a metals processor, Bloomberg reported. The purchase of the Cleveland, Ohio-based company by Zhongwang USA LLC, owned by Liu Zhongtian, founder and chairman China Zhongwang Holdings Ltd., will open up new markets for the Chinese company among aerospace and automotive companies. Monday’s deal underscores China’s shift to higher value-added products and will give Zhongwang access to technological know-how and more demanding customers, said Paul Adkins, managing director of Beijing-based aluminum consultancy AZ China Ltd.

Short URL : http://goo.gl/wZm57L
  1. http://goo.gl/d4uULL
  • http://goo.gl/PAf6lO
  • http://goo.gl/gEfYab
  • http://goo.gl/cRsldJ
  • http://goo.gl/WJi2bf

You can also read ...

According to the new regulations, Cubans will be able to hold only one business license.
The Cuban government has said it wants more foreign investment...
The lira has lost around 45% of its value against the US currency this year, largely over worries about Erdogan’s influence over the economy
Turkey’s central bank on Monday announced it was ready to take...
World Stocks, Currencies Plummet
World markets shuddered on Monday, as Turkey’s worsening...
Trump’s No-Win Trade War
President Donald Trump’s trade war may be fated to fail, for...
Amado Boudou (R) attends his trial on corruption charges  in Buenos Aires on August 7.
Records kept in notebooks of the kinds used by schoolchildren...
China Printing Foreign Money
China is printing more foreign money as it seeks to expand its...
(P)GCC Banks  Face Business Risks
A number of (Persian) Gulf Cooperation Council banks that have...
Singapore Warns Trade Tensions May Lower H2 Growth
Singapore authorities warned of slower economic growth in the...

Trending

Googleplus