Multinationals like IBM and Bombardier stand to profit from China’s new high-speed rail system.ÂÂ
Source: CNNMoney – video report
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Date: 8/05/2009
Keys: International business, economy, government, management, finance, banking, strategic alliances
Link: http://money.cnn.com/video/fortune/2009/08/05/f_fr_china_bullet_train.fortune/
Questions for discussion:
- Summarize the current and longer term benefits to the Chinese economy associated with the building of the bullet train.
- How are international businesses like IBM involved?
- Besides the obvious employment and earnings derived from selling products and services to the Chinese, what additional benefits are realized by international businesses? Explain your answer.
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