Why China Can't Compete

Why China Can't Compete

Despite the rise of the China's economy in recent years, many people still doubt that Chinese enterprises will be able to develop innovative products or new manufacturing methods or business models. The Financial Times recently published an article in which it referred to two Chinese corporations, Haier and Huawei, which have learned and rapidly adapted themselves to the Western management model, but nonetheless still fail to bring to the world any fresh sets of products or break new ground in how companies are run.

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