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| Friday, September 05, 2008 23:43:46 |
Four firms and one man create renewable JV
ZTE Corp, China’s largest listed telecom equipment maker, its chairman, and three of its associated companies have invested US$174.61 million (RMB1.29 billion) to form a renewable energy research and development joint venture, China Business News reported. ZTE Corp, Zhongxing WXT and Zhongxing Development will each pay US$40.61 million (RMB300 million) for a 23.26% stake ...
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