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Europe Daily Bulletin No. 7629

8 January 2000
Contents Publication in full By article 36 / 38
ECONOMIC INTERPENETRATION / (eu) electrical equipment

REXEL (French group PINAULT-PRINTEMPS-REDOUTE) has gained the agreement of the Chinese authorities to create a joint-venture with the Chinese group HAILONG (real estate and retailing). Called REXEL HAILONGXING ELECTRICAL EQUIPMENT, it will be held to the tune of 65% by REXEL and should have an annual turnover of 100 million yuan through eight sales outlets.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION