Auto glass maker looks to Europe, S. America

Fuyao Glass, the world's second-largest auto glass maker by sales, expects to see strong overseas sales growth in the years ahead with Europe and South America leading the way, according to its corporate chairman.

"The European debt crisis has created new opportunities for Fuyao to expand the business overseas in specific regions," Cao Dewang, chairman of Fuyao Glass Industry Group Co Ltd, told China Daily on the sidelines of the annual session of the 12th Chinese People's Political Consultative Conference National Committee, which opened on Sunday.

"European countries, such as Germany, Italy and the United Kingdom, and South America, led by Brazil, are the places Fuyao is targeting," said Cao, a member of the CPPCC National Committee.