3 ms·
The businesses that "add little value" are envied in China because they have access to demand, and he who owns demand is key. The Chinese are making it a priori
by nickpinkston 16y ago
The businesses that "add little value" are envied in China because they have access to demand, and he who owns demand is key. The Chinese are making it a priority to advance their marketing, design, etc. abilities to compete in the West's consumer culture. While you may not like marketing, it brings in the money - and in our consumerist economy that's our GDP...
I'd like to see Foxconn try to replace Apple - hell even Dell. Lenovo had to buy their business from IBM to get the marketing / brand support to be successful beyond their manufacturing capabilities.
It's hard to market from a culture from the outside. VW made their German designers live with US families - which is when they figured out why we want cup holders so badly ;-)