Summary | National Development and Reform Commission (NDRC) is
likely to block the merger on the grounds that Tenzhong, a
manufacturer of special-purpose construction machinery and
infrastructure products, lacks the expertise to run Hummer. The
NDRC is also unhappy about the poor fuel economy and high
environmental impact of Hummer's gas-guzzling SUVs. ...
likely to block the merger on the grounds that Tenzhong, a
manufacturer of special-purpose construction machinery and
infrastructure products, lacks the expertise to run Hummer. The
NDRC is also unhappy about the poor fuel economy and high
environmental impact of Hummer's gas-guzzling SUVs. ...
chinastakes.com | 31 August 2015