16-Apr-2010 12:41 PM
Embraer to maintain presence in China – Suppliers Share Wrap
Analysis
Brazilian President, Luiz Inacio Lula da Silva, and Chinese President, Hu Jintao, signed an agreement on expanded industrial cooperation yesterday. Under the agreement, the Brazilian President has confirmed that Embraer will maintain its operations in China. Embraer was reportedly due to exit its Chinese assembly plant deal by the end of 2011 if a new agreement was not reached.
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