A GREAT MODEL FOR A WORLD THAT NO LONGER EXISTS
Nowhere is the new competitive world better defined than in China. The Chinese, after years of inward concentration, are now going global—and challenging many businesses elsewhere to rethink their business models.
Chinese companies are starting to disrupt global competition by breaking the established rules of the game—the Western game. Their weapon of choice has been cost innovation, the strategy of using Chinese cost advantage in radically new ways to offer customers around the world more for less. Galanz, a leading Chinese manufacturer, now supplies more than half of all microwave ovens sold on the global market. China International Marine Containers dominates the global container market ...
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