
China's Zhejiang Supor Cookware Co. Ltd. said it would spend 1 billion yuan (approx. US$135 million) to build its first overseas factory in Vietnam next year. The planned facilities will help Supor to avoid export duties and boost sales in the 10 countries of the ASEAN, a market that equals half of China's population of 1.3 billion, investor relations official Liao Lihua said. (China Daily)
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