Blog: SARS and Shanghai-VW
Dave Leggett | 9 May 2003
This comes from AFP via the BRG Townsend newsletter. How many other projects are being slowed already I wonder:
The worsening Severe Acute Respiratory Syndrome (SARS) situation in China has forced the postponement of negotiations that would lead to the Shanghai Automobile Group buying out the bankrupt China Automobile Group’s 10% stake in Shanghai Volkswagen. When the deal is complete, Shanghai Automobile Group will have increased its stake in Shanghai Volkswagen to 50%. That would make SAG an equal partner with Germany’s Volkswagen.
I'm starting to get a small idea of the scale of things here in China, but really, I'm only scratching the surface of this vast country....
Given the startling complexity of obtaining a journalist visa for China - the code 'J2' is now indelibly stamped on my mind - it was with some surprise how swiftly I managed to sail through airport im...