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Acquisition triggers global expansion

By Xia Huan | 皇冠体育app Daily | Updated: 2009-06-30 08:02

Acquisition triggers global expansion

Boring machinery: state-of-the-art drilling and heavy duty equipment produced at Qier

Many and varied are the innovative routes Chinese businesses have sought out in a bid to maintain growth despite the worldwide economic downturn. For the Qier Machine Tool Group Co Ltd (Qier), a Heilongjiang-based machine tool manufacturer, acquisition proved to be the way forward.

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