CHINESE FIRM ANNOUNCED COOPERATION WITH GOLDMAN SACHS
AsiaInfo Services, January, 2006
AsiaInfo Services 01-09-2006 Chinese Firm Announced Cooperation with Goldman Sachs BEIJING, Jan 09, 2006 (SinoCast via COMTEX) -- China's Beiya Industrial (Group) Co., Ltd. said it would enter into cooperation with Goldman Sachs (Asia) Finance in various areas like railway transport, pulp and paper production and trade, dairy, logistics and property. Recently, the two sides have entered into a strategic partnership agreement. As a wholly owned subsidiary of Goldman Sachs, the world's leading investment bank, Goldman Sachs (Asia) Finance mainly engages in investment and trade of securities and other financial assets.
It, however, did not set foot in the business of industry earlier. Spurred by favorable policies, Beiya will likely make enormous strides in...
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