Jun 12 2012, no 197

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Highlights from this issue:

TOP STORIES
- Danes eye gigantic nursing home market in China. "In China we are seeing the effect of the one-child policy now," says Hans Halskov from the Danish consulate in Chongqing to news2biz, sharing his plan as to how to bring Danish expertise in nursing homes to China. (Page 14)

- Sweden's Assa Abloy makes another acquisition in China amid cooling construction market. "It is a new leg for us in Asia," explains Jonas Persson, executive VP of Assa Abloy and head of Asia Pacific division, to news2biz on why the Swedish door opening solutions provider acquires a Chinese supplier of window hardware, and he also talks about the cons and pros of a cooling construction market in China. (Page 2) Read more here

MANUFACTURING
- German Bosch to invest up to RMB 4bn a year by 2015 in China
- Boehringer Ingelheim builds EUR 56m veterinary vaccines plant 
- PMI indices in May show weakening outlook for manufacturers     

FINANCE
- Sweden and China join hands to assist SMEs, EUR 1bn to come?
- US' JPMorgan Chase injects further RMB 2.5bn in China unit
- China cuts interest rate for the first time in over 3 years   

PROPERTY & CONSTRUCTION
- Anhui Conch Cement warns against over 50% slump in H1 net     
- China's biggest food trader Cofco eyes 30 malls

ENERGY & RESOURCES
- Lossmaking Logstor may reconsider its ambitious China plan 
- GE eyes clean-coal tech in China, sets up innovation centre    

TRANSPORT & LOGISTICS
- BMW opens 2nd China assembly, eyes EUR 500m more investment  
- Auto sales up 2-digit growth in May, fastest pace since '11      

FOOD & AGRICULTURE
- Nestlé builds dairy institute in Heilongjiang, 3 big farms
- US' Yum ties up with Suning for expansion, Q1 sales strong 

IT & TELECOM
- China's Huawei Tech grows 57% in Nordics, eyes new markets
- Osram eyes multi-million-EUR plant in Wuxi for LED lighting

RETAIL & SERVICE
- Denmark's Crosseyes uses China experience on glasses market
- UK Graff Diamonds shelves HK IPO, sticks to expansion plan

ECONOMY & POLITICS
- Economioc growth still weak in May, signs of stabilising
- Export and import refresh records in May, could slow again
- HK Danish Chamber of Commerce lobbies for consulate general
- Danish businessman: my govt did nothing to help me in China

KEY FIGURES pages 19-21
- Wages, inflation, consumer price index, producer price index, industrial output, construction price index and construction volumes, real estate prices and transactions, retail trade, sentiment indicators, currency, credit, interest rates, money supply, stock exchange, foreign trade, current account, GDP, FDI, regional data and key economic data forecast 2012-2013.

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