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WARC (December 18)

2017/ 12/ 18 by jd in Global News

With wireless giant China Mobile leading the rankings, “domestic brands are outperforming foreign rivals when it comes to connecting with Chinese consumers via corporate social responsibility activities.”  The next spots were occupied by Dairy group Mengniu and Lenovo.

 

Institutional Investor (October)

2012/ 10/ 31 by jd in Global News

“Lenovo’s rise is more than a corporate success story. It demonstrates the powerful potential of China Inc. to expand beyond low-end manufacturing and develop global brands. The company also reflects the uniquely hybrid nature of most of corporate China: It is a product of a Communist Party-ruled state—the government still owns 36 percent of its parent, Legend—but it competes vigorously in the global market.”

 

The Economist (August 4)

2012/ 08/ 07 by jd in Global News

“Chinese companies have started to win first place in global markets. Huawei has just overtaken Sweden’s Ericsson to become the world’s largest telecoms-equipment-maker.” Haier and Lenovo are also moving into the lead. “But Huawei inspires fear…. The company is said to be too close for comfort to the PLA. Westerners fret that the networks the firm is building are used by Chinese spooks to eavesdrop during peacetime and could be shut down suddenly during wartime. They see the firm as a potent weapon in China’s burgeoning cyber-arsenal.”

“Chinese companies have started to win first place in global markets. Huawei has just overtaken Sweden’s Ericsson to become the world’s largest telecoms-equipment-maker.” Haier and Lenovo are also moving into the lead. “But Huawei inspires fear…. The company is said to be too close for comfort to the PLA. Westerners fret that the networks the firm is building are used by Chinese spooks to eavesdrop during peacetime and could be shut down suddenly during wartime. They see the firm as a potent weapon in China’s burgeoning cyber-arsenal.”

 

Forbes (July 20)

2012/ 07/ 23 by jd in Global News

The computer maker Lenovo “had a banner year in 2011, with its profits up 73%.” CEO Yang Yuanqing did something unusual with his bonus, which was $3 million more than last year. “He decided to give that raise to his employees instead of himself, and divided it among 10,000 lower-level employees—receptionists and factory workers and the like. They got an average of 2,000 yuan, or $314, apiece.”

 

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