Quote Originally Posted by xtoss View Post
the deal between kawasaki and loncin is over..... my day keeps getting worse!
Here's the story in English, Nikkei...

sad.

Kawasaki Heavy China Motorcycle Tie-Up Over Before It Began

TOKYO (Nikkei)--Kawasaki Heavy Industries Ltd. (7012) said Friday that it will dissolve a basic partnership agreement with Loncin Motor Co. on motorcycle production and sales in China.


Since forging the agreement last June, the two companies had been discussing setting up a production site and joint venture to handle sales operations, but they failed to come to terms on details of the arrangement. Loncin is one of China's leading motorcycle manufacturers.


The Japanese firm had withdrawn from the Chinese motorcycle market in 2000. But with income levels for China's middle class on the rise, it was planning to release its mainstay midsize to large motorcycles through the partnership with Loncin.


Kawasaki Heavy has not revealed the specifics of the dissolution, but said the decision was not influenced by the dispute between the two countries over the Senkaku Islands.


(The Nikkei, Jan. 19 morning edition)