XCMG's net profit improved by nearly 70%

Xugong Machinery disclosed its 2010 annual report today. The net profit attributable to the owners of the parent company in 2010 was 68% higher than that in the same period of 2009, and the target for 2010 asset profit at the time of the company's major assets reorganization was over-c.......

In April, the growth rate of China's industry fell sharply

The Ministry of Industry and Information Technology released on the 17th the overall situation of industrial production in the country in April. In April 2011, the industrial growth rate dropped sharply. In April, the added value of industries above designated size increased by 13.4% year-.......

Meritor plans to close Europe trailer axle division

US auto parts supplier Meritor company (Meritor Inc) recently said that its European trailer axle sectors of poor performance, the company intends before the end of July 2011 to close it. Meritor Company expects that in the next year, the companyâ.......