IN BRIEF (Page 14)

Strategic partnership

Chinese copper tube maker Golden Dragon Group confirmed a strategic partnership with Standard Chartered, Goldman Sachs and Lehman Brothers yesterday. The three global financial firms jointly invested $90 million, getting a 25 percent in the Henan province-based company in March. The new board of directors will include eight members, with two of them from Standard Chartered, the company said.

Green expo in Qingdao