The impression they give is a mixture of awe at China's ambition and technical skill and a far more qualified assessment of Chinese companies' ability to run international businesses.
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This power comes from the Chinese people and their ability to swiftly organize on the Internet.
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And, with a relatively low level of borrowings, the Chinese government has the ability to use fiscal stimulus as well if consumer spending does not develop as expected.
The result has been production capacity far in excess of Chinese consumers' willingness or ability to consume.
This ownership structure is highly beneficial to Chinese companies because of the ability to control future generations of technology.
First and foremost, what is required is the ability to manage Chinese officers and staff in a service business (not manufacturing) in the Chinese market in competition with Chinese institutions.
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Or, what about the fabled Chinese white-goods manufacturer Haier, which is legendary for their ability to get closer to their domestic Chinese customers?
In global competition, Hitachi is regularly underbid by 30% by Chinese and Korean competitors, whose ability to compete on technology and delivery is also constantly improving.
But for all their ability to cut costs, Chinese manufacturers are earning a fraction of the margin that U.S.-based marketers and retailers collect by selling Chinese-made goods.
The country's State Forestry Administration estimates that desertification affects 400 million Chinese, many of whom lose the ability to farm their land or graze their animals and join the ranks of the tens of millions of internal environmental refugees, who often migrate to the big cities in search of new homes and jobs.
The confusion over the government's role in the latest blizzard reflects both the scope of China's weather-modification efforts, and the aura of almost mystical ability that surrounds them in the minds of many Chinese and foreign observers.
But, a joint venture provides the foreign partner with the ability to leverage the management, manufacturing and marketing infrastructure of its Chinese partner, an advantage that should not be overlooked.
For the buyers, obtaining a higher interest rate than is available from bank deposits, as well as the ability to purchase a yuan-denominated security and to benefit from the appreciation of the Chinese currency that many expect in the coming years are the main attractions of dim sum bonds.
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