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Fast lane to China: companies that never thought of doing business overseas are now looking to the thriving Chinese economy.(Business of Technology)
Computer Technology Review
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April 1, 2004|
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China's manufacturing industry has taken the world by storm. Some industry analysts estimate that China now produces 50% of the world's cameras, 30% of the air conditioners and televisions, 25% of the washing machines and 20% of the refrigerators. Driving this trend are big multinationals, like General Electric and Toyota, which are building or expanding their manufacturing units. Technology giants such as Intel, which is now shipping Pentium 4 chips from a $500 million Shanghai plant, have also done their part. But there are signs--plenty of stories, if not hard ...
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