Chinese competition (Bullet Point 6)

Bullet Point 6 is how business strategy might be affected by developments in China. One of the key developments is that domestic firms in China are increasingly able to compete against foreign businesses both in China and in international markets. Have a look at these 2 companies as good examples of this trend:

Huawei: world’s largest telecoms-equipment-maker; diversifying into consumer electronics

http://bits.blogs.nytimes.com/2014/05/07/huawei-unveils-new-phone-to-compete-with-apple-and-samsung/?_php=true&_type=blogs&_r=0

Lenovo: world’s largest manufacturer of personal computers; moving into smartphones & tablets

http://www.bbc.co.uk/news/business-26166724