Starbucks announced a reorganisation last year, creating a China and Asia Pacific division with the intention of opening outlets in India.

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"Microsoft knows the desktop is changing more in Asia than anywhere else in the world, " says Tom Kendra, vice president of IBM's Asia Pacific software division.

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Almost all its sale of iron ore in China is currently through its Asia Pacific Iron Ore Division, which has a limited supply capacity of 9 million metric tonnes of iron ore.

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The Asia Pacific iron ore division provides four direct shipping export products to Asia via the global seaborne trade market, and has a rated annual production capacity of 9 million tons of iron ore.

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