Looking East For A World Of Business Insight

Source: Northwestern University (Kellogg)

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Grant said, "Entering China's market comes with risk - including those associated with the country's banking system and the political instability associated with Taiwan. " Still, China's economic importance is undeniable, and Grant advised business leaders to observe the country's dynamics up close if they wish to create "Tailored-to-China" solutions to the hurdles their businesses will encounter in this massive market. "Expect to be positively surprised on volume and negatively surprised on margin," Grant said, adding that innovation is key to win in China, a market he said operates at a pace unlike any other.
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Date:Jun 2007