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Li Ning Torches Inventory. All Chinese Consumer Goods Companies Concede Their Inability To Compete With Foreign Companies.

Posted in China Business

Okay, so my headline grossly exagerates.  But the first sentence is absolutely true and I have a sophisticated blog reader who claims the second sentence is not that far off. Let me explain. The first sentence comes from Tom Orlick’s WSJ article, entitled, “Li Ning Torches Inventory.” In that article, Orlick (who, BTW, consistently does… Continue Reading