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Merck KGaA (MKGAF.PK) And Johnson & Johnson (JNJ) To Build New Factories In China



11/15/2013 3:06:28 PM

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by Richard Daverman, PhD

November 15, 2013 -- Merck KGaA and Johnson & Johnson each announced they will build new manufacturing facilities in China, signifying that multinationals regard recent problems in the China marketplace as a short-term phenomenon, not a long-term trend. Yesterday, in a similar move, Lilly said it would build a $350 million plant in China to produce insulin cartridges. More details....

Stock Symbols: (Xetra: MRK) (NYSE: JNJ) (NYSE LLY)

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