Monday, May 20, 2013

Mando China eases price squeeze in suppliers deal





Car parts maker Mando China, which is launching its initial public offering in Hong Kong, plans to offset the downward pressure on the selling prices of its major products by shifting some of its costs to raw material suppliers and speeding up automated production.









via Business feed http://www.scmp.com/business/china-business/article/1241561/mando-china-eases-price-squeeze-suppliers-deal

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