Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, November 30, 1993                   TAG: 9311300375
SECTION: BUSINESS                    PAGE: B-6   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

IN BUSINESS

HONG KONG - Germany's Bayer AG is planning to invest $200 million in China over the next few years, covering a wide range of chemical products.

Dieter Becher, a member of Bayer's management board, signed a basic agreement with the Ministry of Chemical Industry over the weekend. The accord involves 20 projects in five areas.

Bayer's sales in Asia increased 16 percent in the first nine months of this year, Becher said. Its sales in China last year topped $300 million.

- Journal of Commerce