Source:
https://scmp.com/article/193677/siemens-set-expand

Siemens set to expand

SCMP Reporter
SCMP Reporter

Updated: 12:00am, 27 Apr, 1997

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GERMAN industrial giant Siemens is planning to double its investment in China to more than US$800 million by 2001.

The China Daily newspaper said Siemens' business volume on the mainland accounted for more than half of the company's total sales in the Asia-Pacific region.