
US Tariffs are shifting - will you react or anticipate?
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By GlobalDataChinese conglomerate China Resources Enterprise said on Tuesday it will splash out $8.2 million on buying total control of seven textile firms from its subsidiary in order to centralise operations. In a news release, the company said its wholly owned subsidiary, CR Textiles Investment, would buy the outstanding minority stakes in the Shandong-based spinning and weaving companies from China Resources Textiles.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData