Tom works in a company of developing shopping bag
, non woven bag, pp woven bag and others. And he often tells me about various news.
He tells me that Toyota has raised its full-year net profit forecast by 2.6 per cent, breaking with deepening pessimism at other Japanese carmakers as robust sales in North America offset the effect of an informal boycott of Japanese vehicles in China. Toyota makes about 10 per cent of its sales in China and collects a smaller amount of profits, since earnings must be shared with local joint-venture partners.