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Overseas moves begin

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Mainland household appliance manufacturers, facing over-capacity and a stagnant domestic market, have started to expand overseas, according to official media. Shenzhen Konka Electronic has taken the first step towards establishing a colour television assembly factory in India, Xinhua reported. Changhong Electronics has collaborated with Russian counterparts on a television assembly factory in Moscow. Qingdao Haier Refrigerator has invested US$30 million in a United States factory with a production capacity of about 200,000 units a year.

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