Signs point to declining legitimacy of the Communist Party of China, but uncertainty remains on how it will play out.
China
BEIJING, China (May 25, 2016) – In 2013, the Beijing Municipal Government launched a three-year plan to expedite the construction of wastewater treatment and water recycling facilities in order to increase reclaimed water supply to 4.13 million cubic meters per day, or 1.1 billion cubic meters annually, in the Beijing region.
Federal Reserve action and emerging market weakness will also impact equipment manufacturers.
BOSTON (Dec. 1 2015) – China is firmly positioned as the global epicenter for privately financed water investment. Bolstered by its booming wastewater treatment sector, the combined water infrastructure build-out across 20 provinces account for more than 50 percent of privately financed treatment capacity added in emerging markets over the last decade.
ORLANDO, Fla. (Aug. 20, 2015) – Siemens has been awarded a long-term service agreement (LTP) for Xiaoshan Power Plant. The customer is Zhengjiang Zheneng Electric Power Co., Ltd.
The agreement covers scheduled maintenance, spare parts, technical support, warranties, program management, power diagnostics and performance monitoring for the power plant's Unit No. 5 SGT5-4000F gas turbine for more than 10 years.
KYOTO, Japan (Aug. 3, 2015) – Nidec Corporation announced that Nidec Motor (Qingdao) Corporation (NMQC), its subsidiary company, completed the acquisition of the switched reluctance (SR) motor and drive business of China Tex Mechanical & Electrical Engineering Ltd (China Tex MEE) on July 31 and established a new company incorporating the acquired business.
RYE BROOK, N.Y. (April 13, 2015) – Xylem Inc. announced that it has been selected to participate in the U.S. Presidential Trade Mission to the People’s Republic of China, taking place April 12-17. U.S. Secretary of Commerce Penny Pritzker and Deputy Secretary of Energy Elizabeth Sherwood-Randall will lead this Smart Cities – Smart Growth Business Development Mission, accompanied by representatives from 25 companies.
CHENGDU, China (July 3, 2013) – Schlumberger announced the official opening of the Schlumberger Reservoir Laboratory in Chengdu, China. The state-of-the-art, 32,000 sq. ft. facility is the newest addition to the Schlumberger global network of reservoir laboratories. The laboratory offers an integrated suite of petrophysical and geomechanical services to help customers improve hydrocarbon recovery and maximize production throughout the life of their reservoirs.
WINTERTHUR, Switzerland (April 11, 2013) – Sulzer Pumps has opened its third service center in China, located in Chengdu, the capital of Sichuan province in Southwestern China. With this new facility, Sulzer Pumps further strengthens its service network within this important market.
WHITE PLAINS, N. Y. (April 6, 2012) – Dorian Drake International has announced the launch of an affiliated company in China that can import or purchase products locally and trade in Renminbi, the Chinese currency.