Five joint ventures will be established involving total investments of 130 million US dollars in Dalian, a coastal city in northeast China's Liaoning Province. Located in Dalian's Economic Development Zone, the five foreign- funded enterprises are the Toshiba (Dalian) Co. Ltd., TDK (Dalian) Co. Ltd., and three other companies manufacturing shoes, boilers, and paper pulp. This is Toshiba's second venture in Dalian, a 47-million-US- dollar investment. |