Brazil

Brazilian Unit Of China’s Gree To Start Exporting In July

13 April 2006

MACAU HUB (SAO PAULO)--The Brazilian unit of Chinese air conditioner manufacturer, Gree will begin exporting its products to Latin American countries in July, said company officials. The unit, which is located in Manaus, the capital of Amazonas state in the north of Brazil, plans to export up to half of its production, namely to Argentina, Chile and Venezuela. The director of the company, Yue Haiping, said that installing the unit in Brazil was part of Gree's strategy to operate in the whole of the Latin American market. The Brazilian unit started in June 2001 and was Gree’s first overseas subsidiary. The company also recently started a factory in Pakistan, as well as having offices in Europe, Asia and Russia. Source: http://www.macauhub.com.mo/en/news.php?ID=1138 (Reliability: 7)

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