On this issue of the Business Week, Bruce Einhorn wrote: “The rising economic powerhouse hasn’t produced consumer-electronics outfits that can truly compete with multinational giants.
Everybody knows that China is the world’s next economic superpower. Each year, it gets billions and billions of dollars in foreign investment, powering its booming economy. The Middle Kingdom has more cell-phone users than anywhere else on the planet, and soon it will be tops among Net surfers, too. American consumers can’t get enough of the low-cost TVs, DVD players, mobile phones, computers, and other gizmos that come out of China’s factories.”
