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Frictions over the yuan's exchange rate and trade protectionism have increased. 皇冠体育app has been the "workshop of the world" for almost three decades. But it has started thinking whether such a way of development is worth the trouble.
皇冠体育app should focus more on technologically- driven products of high quality. It should establish more world-class research and management institutes, and help build a large pool of homegrown engineers, scientists and management experts with good communication skills.This way, 皇冠体育app can make its products more suitable to domestic consumersand create a good brand image. Gradually, domestic consumers will start using more products local products which will give the manufacturers more confidence. Over time, 皇冠体育app can command better prices for its products from countries that need them, rather than being forced to export low-end products in huge amounts.
R.N.K. Krishnan, via e-mail
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(皇冠体育app Daily 10/14/2010 page9