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Austin, TX (ZprymeNews) April 28, 2008 -- The transactions that involved Russian-based companies according to Ernest and Young Transaction Advisory Services 2007 on Mergers and Acquisitions in the CIS: Market Overview, reached $71 billion in 2006 which includes $11.4 billion of foreign acquisitions made by Russian-based companies. These figures show that acquisitions grew by more than 41 percent since 2005. The largest acquisitions involved metals and mining which overtook that of the oil and gas industries. Other sectors which showed active participations were the financial services, the media, and the retail sector.

Austin, TX (ZPRYME NEWS) – 04/15/08 - Manufacturing plants engaged in manufacturing high tech products are slowly growing in China. According to Judith Banister a consultant in Beijing China, “With by far the world's largest manufacturing workforce, at more than 100 million, China is widely known to have low labor costs.” There is a slow change from labor intensive manufacturing such as toys, shoes and clothing to technologically advanced products. An ongoing research paper of the IMF states, “Such a shift at the broad economic sector level points to the changing trade and production structure in China toward more capital intensive and technologically advanced products.”