Description: China aims for super big when it comes to its industrial enterprises. China’s bureaucrats announced plans this week to push mergers in nine key sectors including steel, cement, shipbuilding, autos, and aluminum, and also set targets for just how consolidated they should become.
Date: Jan 25, 2013
Questions for Discussions:
- What is the basic business strategy China is expected to pursue, according to this treport?
- How will this decision affect competitors in other countries around the world?
- How should local businesses respond to this evolving envirnoment if they are to survive?