A landmark move for China Inc.

Posted by Xiao Qiang | Dec 8, 2004

From the Christian Science Monitor: “In a moment on Wednesday, the gathering might of the Chinese economy became as imposing and obvious as the Great Wall. This was no economic forecast – no set of percentages and decimal points that hinted obliquely at the power that 1.3 billion shoppers could someday wield. This was news that a Chinese company had agreed to buy one of the most venerable product lines in the history of American technology: IBM’s PC business.”