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Matsushita Electric to consolidate finance ops in China - report.

Europe Intelligence Wire

| April 01, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From AFX Europe (Focus))

TOKYO (XFN-ASIA) - Matsushita Electric Industrial Co today will launch a dedicated financial management company in China to oversee fund transactions involving group firms there, to cut costs and curb foreign exchange risks, the Nikkei financial daily reported, without citing sources.

The Osaka-based firm has 74 group firms in China, including a marketing ...

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