Chinese equipment maker, Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd, has announced it will buy the Hummer brand from now bankrupt GM according to the Philadelphia Inquirer.
The China investment is valued at $500 million.
China Investment in Hummer Valued at $500 Million
June 2nd, 2009 · 1 Comment
Tags: China Investment
1 response so far ↓
1 mary joseph // Jun 12, 2009 at 8:46 am
Very nice article about Chinese economy.
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