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<a href="http://www.accessmylibrary.com/article-1G1-113573167/going-global-flush-billions.html" title="Facts and information about Going Global; Flush with billions in foreign reserves, China is embarking on a buying spree.(Industry Overview)(Cover Story)">Going Global; Flush with billions in foreign reserves, China is embarking on a buying spree.(Industry Overview)(Cover Story)</a>
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Going Global; Flush with billions in foreign reserves, China is embarking on a buying spree.(Industry Overview)(Cover Story)
Byline: George Wehrfritz, With Alexandra A. Seno in Hong Kong and B. J. Lee in Seoul
Nestled deep in Kwun Tong, Hong Kong's gritty factory district, China's leading cell-phone manufacturer is plotting to conquer the world. Hatched in 1992 to make pagers in its namesake coastal city, Ningbo Bird sold more handsets on the mainland last year--nearly 11 million--than Nokia or Motorola. But that was then, and now Wang Jianping, director of Bird International Ltd., has fixed his gaze three to five years down the road--on markets like Vietnam, India and Africa. "China could reach basic equilibrium in just three years," he says, meaning the cell-phone market could be ...
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Source: HighBeam Research, Going Global; Flush with billions in foreign reserves, China is...