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Rescooped by Nicholas Religa from China: Pre-U Economics
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China demand boosts Huawei profits

China demand boosts Huawei profits | Most things | Scoop.it

Chinese telecoms equipment maker Huawei has reported a 34% increase in annual profits, its fastest growth in profits for four years. Net profit for 2013 was 21bn yuan ($3.38bn; £2bn), compared with 15.6bn yuan the year before. Huawei said the growth was due to strong demand from China, as the country expands its 4G mobile network technology.


Via Graham Watson
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Graham Watson's curator insight, March 31, 2014 5:03 AM

Huawei is one of China's success stories: it is internationally successful, although greeted with suspicion in places. However, the encouraging thing about this story is that it implies strong demand in China and that itself implies rebalancing. Of course, the cynical among you might suggest that the CCP has a vested interest in both ensuring Huawei's success and in implying rebalancing - however, it suggests that there are grounds for optimism in China.

 

Rescooped by Nicholas Religa from Microeconomics: Pre-U Economics
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Cement giants negotiate mega-merger

Cement giants negotiate mega-merger | Most things | Scoop.it

The world's two largest cement makers are in advanced talks to merge into a company that would have a stock market value of more than $30bn euros (£25bn).A deal between France's Lafarge and the Swiss Holcim group would be the industry's biggest ever merger.


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Graham Watson's curator insight, April 5, 2014 3:37 AM

Mega-merger on the horizon - lots of economies of scale, lots of regulatory issues, potential diseconomies of scale - althought the terms "strong complementarity" and "cultural proximity" crop up.

A fairly standard merger story...although not a straightforward merger perhaps.