Sany to invest in Poland
Todd 01-30-2012
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December 21, is a state visit to China from Polish President Komorowski conference held in Beijing correspondent, which is 14 years, the first Polish head of state invited to visit China. Komorowski said that the visit will promote cooperation in political, cultural and other fields, opportunities for bilateral cooperation. 
  At the press conference held the day before yesterday, the Polish Information and Foreign Investment Agency and Sany Heavy Industry [11.20 -0.88% stock research reports it] Group signed a memorandum of understanding, Sany Heavy Industry will invest $ 50 million plant in Poland. Komorowski said that the Polish government in recent years has been committed to market liberalization, privatization of assets, went to Poland welcomes Chinese investors invest. 
  Komorowski that, not too exaggerated at the moment of European debt crisis, public debt is now the EU the proportion of GDP averaged 86%, while Japan's public debt to GDP ratio is close to 200% of the public debt itself does not mean that the EU economy is in collapse. He said that in the euro zone sovereign debt crisis, to maintain continuous growth in Poland, in 2011 GDP growth will reach 4%, and will achieve sustained and stable growth. Source: Fenghuang Wang