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BUSINESS
July 7, 2000 | Bloomberg News
Ford Motor Co. has won approval from the Chinese government to proceed with plans for an $80-million car plant, its first in China. Ford is to form a joint venture with Chongqing Changan Automobile Group to build the vehicles, said a senior Changan official. The official, who asked not to be named, said production could begin in two years. The joint venture would be split 50-50 between Changan and Ford, the Changan official said.
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NEWS
November 20, 1993 | Associated Press
More than 80 workers, mostly women, died and dozens more were severely burned Friday in a fire that swept through a plastic-toy factory in southern China. Many of the casualties were blamed on locked or sealed windows and doors that prevented workers from escaping, Hong Kong newspapers said today. The fire raced through the first two stories of the three-story Zhili Handicraft Factory in Kuiyong, near the southern Chinese boom town of Shenzhen.
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