Despite the thwarting of its plan to acquire Grundig AG of Germany last year, Sampo Corp, a leading Taiwan-based TV vendor, is not yielding its ambition to sell branded products beyond Taiwan, as Sampo's president, Ho Heng-chun, revealed during an interview with `Taipei Times' staff reporter Lisa Wang last week

Taipei Times: Is Sampo Corp (聲寶) still looking for another Grundig to fulfill its dream of selling own-brand products in Europe despite the US$100-million buyout plan being aborted at the last minute?

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FINANCIAL SUPPORT: Industry watchers warned that China Motor Corp's proposed aid package of 10 billion yen to the troubled Japanese automaker could backfire
By Lisa Wang
China Motor Corp's (中華汽車) decision to bail out the ailing Mitsubishi Motors Corp raised concern among industry watchers yesterday due to what they called the slim possibility of a turnaround for Japan's fourth-largest automaker.

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Mitsubishi Motors Corp, which depends on Asia for half its revenue, plans to more than double vehicle sales in China to 310,000 units in the next five years, as it bets on the market to help revive the company.

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By Jackie Lin
Matsusei (松青超市), the nation's second-largest supermarket chain, opened an upscale outlet in Taipei's Tienmu district on Saturday, targeting white-collar Taiwanese residents and expatriates in the neighborhood.

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Lion Nathan Ltd, Australia's second-biggest brewer, is in talks with Heineken NV about a joint venture in China, where brewers are trying to consolidate and gain a bigger slice of a US$6 billion beer market.

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China's foreign trade is expected to grow at a slower pace this year as higher raw material prices curb exports and a government clampdown on investment slows imports, the country's commerce ministry said.

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Yahoo Inc, EBay Inc and Sina Corp (新浪公司) could benefit as the number of Internet users in China rise above 80 million, US financial weekly Barron's reported, citing an interview with Morgan Stanley analyst Mary Meeker.

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