High Performance Business In China 2007: In Pursuit of Profitable Growth
The astonishing growth rates of so many Chinese companies have become a matter of great pride for the nation's business leaders - and a matter of concern for competitors around the world. But can China boast of companies that significantly outperform their local peers in terms of revenue growth, profitability and total returns to shareholders? Do those businesses have the potential to be truly competitive on the world stage? And is their performance sustainable? The short answer to the first question is a resounding "Yes."The answers to the second and third questions are less straightforward. The high-performance businesses in China are not on a par with the world's foremost high-performance businesses - not yet.