ThyssenKrupp sees strong China sales growth

September 4, 2007

thyssen.jpgGerman industrial conglomerate ThyssenKrupp expects to maintain its average annual sales growth rate of roughly 10 percent in China over the next three to five years, its China chief said at the Reuters China Century Summit.

Sales in China, its largest market in Asia, are estimated to top 1 billion euros ($1.36 billion) in the current fiscal year, up from 955 million euros a year earlier, Alfred Wewers, president and chief executive officer of ThyssenKrupp’s China operations.

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