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Taiwanese cement producers began their foray into the mainland market in 1997 when the cement market in Taiwan had become totally saturated, and the government gave approval for the companies to invest in China. In a climate where Chinese cement producers are said to be relying more and more on M&As, and with the government announcing it would improve macro-control measures, how well are the Taiwanese cement players fairing in what is becoming a highly competitive market? How is China cushioning the impact of the global financial crisis and the growing pressures of urbanisation?
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Published on 30/04/2010
