Lord of the Links

My sojourn into the Spider's Web

Tuesday, September 13, 2005

Why US companies love China

The article describes how many companies faced with a slump at home are betting on China for their future, such as Motorola, GM, PnG and many smaller companies.

It also describes how doing business is not as frustrating as it was half a decade ago. Companies have now started turning a profit on their China operations, which was earlier like a blackhole forcing them to write off huge investments.

Besides, the article claims that the secret sauce for Chinese success is to involve locals in all levels of the operations, and give them enough growth opportunities so that they would not leave for greener pastures.
|| crawled by kpowerinfinity, 9:31 AM

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