China Ministry: Tengzhong Hasn't Applied To Buy Hummer Yet
02 Juli 2009 - 5:57AM
Dow Jones News
China's Ministry of Commerce hasn't received an application from
Sichuan Tengzhong Heavy Industrial Machinery Co. regarding its
planned purchase of General Motors Corp.'s (GM) Hummer division,
Vice Commerce Minister Chen Jian said Thursday.
Chen said on the sidelines of a news conference that the
ministry will consider Tengzhong's capabilities when making a
decision on the purchase. He didn't elaborate.
-Liu Li contributed to this story, Dow Jones Newswires; 8610
6588 5848; li.liu@dowjones.com