Sweden’s Sandvik Mining appoints Chinese exec

WantChinaTimes reported that Swedish mining equipment supplier Sandvik Mining is one of the latest companies sandvik_cnto name a Chinese executive after Gao Dinggui was named as president of its construction business. Sandvik’s move is part of a trend that sees a growing number of multinational machinery companies in China appointing Chinese executives after losing their market share to Japanese and South Korean rivals, according to the Chinese-language Global Entrepreneur magazine.

Source: wantchinatimes.com

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