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Novartis to Invest in China

Novartis's CEO said the company will spend $1 billion to make China a third global pillar for its research and development. ...full story at WSJ

from WSJ on Wed, Nov 04 2009

see also:

11 Nov 08 visit China boosts global economies with $570 billion infusion  »  YouTube videoChina announced that it will invest 4 trillion yuan (US$570 billion) into its own economy, immediately boosting stock markets worldwide. The money will be used to build new roads and bridges, improve airports and aid the countrys 800 million...
17 Dec 08 visit China to inject 30 billion yuan into major economic development district  »  People's Daily The Guangzhou Development District (GDD), the largest of its kind in China in terms of GDP, will spend 30 billion yuan (4.38 billion U.S. dollars) in the coming three years to help thousands of enterprises cope with the global financial crisis. ...
11 Jan 09 visit China Mobile to spend 58.8 bln yuan in 3G network construction  »  People's Daily China Mobile, the biggest mobile operator in the country, plans to invest 58.8 billion yuan (8.6 billion U.S. dollars) to build 60,000 base stations in 2009 for the expansion of its third generation (3G) mobile phone network, the company announced here on...
13 Jan 09 visit China: Global Media Market  »  Global Voices Zhongnaihai quoted from South China Morning Post and discussed the Chinese government's plan to invest 45 billion yuan (about 5 billion U.S) on media that target on global audience.
23 May 08 visit Companies sought to help invest  »  People's Daily China's $74 billion national pension fund is seeking asset management companies to help invest in global equity markets, according to its website. The National Council for Social Security Fund (NSSF) may invest as much as $14.9 billion, ...
12 Nov 08 visit Guangdong to invest $347b  »  People's Daily Guangdong province, one of the nation's key economic powerhouses, will spend 2.37 trillion yuan ($347 billion) on 222 items contained in 10 projects in the coming five years, the provincial development and reform commission said on Monday. About 1.26...

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