ChinaBio Today Commits 1 Billion RMB to Increase Manufacturing in China

May 22, 2009 -- Baxter International Inc. recently unveiled a plan to spend 1 billion RMB ($147 million) over the next three years to upgrade factories in Guangzhou, Suzhou, Tianjin and Shanghai. The company positioned the investment as a response to China’s demand for high-quality medical instruments. More details... Stock Symbol: (NYSE: BAX)

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