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Japan’s Toshiba closing Chinese facility once considered ‘pearl of the Dalian Development Area’

Summary:
[unable to retrieve full-text content]Japanese electronic giant Toshiba has confirmed it will cease production at its Dalian facility by the end of September, and the liquidation process will begin next month, ending its 30-year presence as an economic force in the city.Established as a manufacturing base focusing on industrial motors and broadcast transmitters, Toshiba Dalian was brought to Liaoning province’s second-largest city in 1991 by then deputy mayor Bo Xilai, an infamous politician now serving life in prison for…

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[unable to retrieve full-text content]
Japanese electronic giant Toshiba has confirmed it will cease production at its Dalian facility by the end of September, and the liquidation process will begin next month, ending its 30-year presence as an economic force in the city.Established as a manufacturing base focusing on industrial motors and broadcast transmitters, Toshiba Dalian was brought to Liaoning province’s second-largest city in 1991 by then deputy mayor Bo Xilai, an infamous politician now serving life in prison for…

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