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KOREA'S POSCO LAUNCHES TASK FORCE TO EXPAND CHINA INVESTMENT.
SEOUL, Nov 1 Asia Pulse - Pohang Iron and Steel Co. (POSCO) today said it has inaugurated a task force entrusted with formulating strategies to expand the steelmaker's advance into China.
The 11-member team, led by POSCO's managing director Cho Sung-shik, will direct the company's investment in China's growing market.
Despite the slowdown in the global economy, China is expected to sustain growth due to its likely accession to the World Trade Organization (WTO) and its hosting of the 2008 Olympics.
Through the team, POSCO hopes to make more investments ...
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Source: HighBeam Research, KOREA'S POSCO LAUNCHES TASK FORCE TO EXPAND CHINA INVESTMENT.