Industrialists make inroads into China


MALAYSIAN corporates made tentative steps into China in the early part of its economic boom in the 1990s, but were unable to make headway, with some reporting losses, especially property developers.  

The almost singular success story of an early entrant into China is the Lion group's Parkson Retail Group Ltd, now listed in Hong Kong, with a market value of over RM15bil.  

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