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But we have a unique way of doing business. We do not do acquisitions in China but rather partner with local talents. We identify companies which have developed some unique businesses and take a piece of equity of their businesses. We will give them support in marketing and technology so that they can develop their business.
But the 2013 anti-dumping measures caused a dramatic slide. In 2016, China's PV exports to the EU markets were worth billion. Shipments in 2017 remained around that level, totaling .53 billion.
By 2027 Proton will have annual sales of 400,000 to 500,000 vehicles, which will account for 8 to 10 percent of Geely's total sales, he added.
But what really went wrong? Why was one of Seattle’s rising stars, a 2,600-person company with rapidly growing profits and revenue, unable to keep thriving under the umbrella of the world’s largest software company? And has Microsoft learned enough to avoid making similar mistakes with its .5 billion Skype acquisition or .2 billion Yammer acquisition?
But there are monkeys everywhere as soon as we step foot in Wulongkou scenic spot in the northeast of central Henan province's Jiyuan city-It's home to the biggest troop of monkeys in northern China.