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Citigroup casts doubt on the profitability of white goods manufacturers
By STAFF EDITOR
Published: February 28, 2008 12:00 PM
Xue Lan, head of China research at Citigroup, called into doubt the profitability of Chinese manufacturers and predicted further price hikes for white goods in the country, the China Securities Journal reported. His prediction comes after Haier, China’s leading home appliance ...
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