China
Whirlpool to Become Majority Shareholder of China- based Hef
Whirlpool Corporation announced on August 13 that it has entered into agreements to become a majority shareholder (51%) in Hefei Rongshida Sanyo Electric Co., Ltd., a leading home appliances manufactu...
Major Changes in AC Market
In the last 20 years, China’s air conditioning industry has been developing at the same high speed as China’s economy. The market expansion has also caused tremendous changes in the market structure. ...
Carrier Convenes Seminar in Support of Green-Building Develo
With China’s rapid urbanization presenting a considerable opportunity to facilitate green building, Carrier brought its respected Distinguished Sustainability Lecture Series to China. More than 100 bu...
Development of Rotary Compressors in China
China has developed into the world’s largest production base for RACs and rotary compressors. JARN estimates that rotary compressor production in China will reach 135 million units in 2013. In just tw...
GMCC -- Brand of Competitiveness
As the epitome of China’s fast economic development, Guangdong Meizhi Compressor (GMCC) has grown into the world’s largest manufacturer of air conditioner rotary compressors in less than two decades....
Haier Named China's Most Valuable Brand for 12th Year
Oct 18, 2013 The 19th China’s Most Valuable Brands Report ranked appliance brand Haier No. 1 for the twelfth consecutive year. The report values the brand at RMB 99.29 billion (US$16.22 billion). Chi...
Honeywell’s Process Automation Technology Selected To Suppor
Oct. 17, 2013 Honeywell has been selected to provide the process control system for Russian North Star Pulp Industrial Complex LLC, a new pulp mill under construction in the Chita region of southeast ...
DuPont Reaches Settlement in Counterfeit Refrigerants Invest
16 - October - 2013 Wilmington, Del. -- DuPont Refrigerants announced that it has completed an enforcement action involving counterfeit refrigerants which resulted in a seizure of cylinders and packag...
Johnson Controls Annual Survey Shows that Building Owners in
Survey of over 1,200 respondents reveals drivers and areas to address Singapore - October 14, 2013 - Building owners in Asia markets are motivated by savings and government programs to drive en...
With the go-ahead from the government, private banks can't w
October 14, 2013 After the first private bank--China Minsheng Banking Corp.-was set up in 1996, China’s private banking sector underwent a period of stagnation. Today, things have turned around. In July, the Chinese Government made clear its intention to explore the establishment of private banks invested by private capital. Ignited by the signal to open up the banking industry, dozens of private...
