Those customers are overseas, with the U.S., France and the U.K. as the biggest markets, bypassing the potentially huge domestic market of China.
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Mr Perret said France Telecom had partnered with Baidu because the search firm had helped mobile networks in in its home market of China cope with a similar switch from basic mobiles to low-end smartphones.
Overall, Johnson Controls with its advanced product portfolio, manufacturing facilities at Guangzhou and Wuxi, an engineering center at Wuxi and 37 branch offices providing servicing, is well-positioned to maintain its leadership position in the building market of China.
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Consumer discretionary stocks are roughly 5% of the the total market capitalization of China Inc, compared to approximately 20% for Japan and 15% for France.
With high market share of the China market, the Chinese automotive companies will have the financial and technical resources to build strong positions in the global markets.
Foreign and joint-venture sales account for up to 80% of the market in some of China's larger cities.
Certainly, at the high end of the market, China cannot equal India's supply of technical wizards with fluent English.
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The supply comes as Guangzhou's office market, one of China's largest outside of Beijing and Shanghai, already is among the weakest of the major Asian markets, PPR says.
Stanford professor Michael Spence, Nobel laureate in economics, and Shaun Rein, founder and managing director of China Market Research Group (CMR), both told me that China might very well exceed Japan to become the second-largest consumer market in the world.
But while many major international banks have seen large writedowns in the wake of rising defaults among the sub-prime mortgage market, the majority of China's US mortgage-backed securities were underwritten by US government agencies such as Fannie Mae.
During the quarter, Lenovo further strengthened its number-one position in China by 2.3 points, which resulted in an industry-leading market share in China of 31.7 percent, widening the gap between Lenovo and its major rivals.
The rise in these numbers will push China Unicom to consistently increase its market share at the expense of China Mobile.
Better language skills, she reckons, are a product less of market demand than of a general enthusiasm for China.
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With the growth of mobile market in China, Tudou is increasingly focusing on mobile video.
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It sold 20, 000 vehicles last year, good for a mere half-point of market share in China.
Set to splurge on developing its fixed-line and third-generation wireless services, the firm aims to staunch the loss of market share to China Mobile.
There are other estimates that Android has a 90% market share for all of China, which is due to there being lower priced Android phones.
Chinese sales accounted for about 14% of Burberry's total revenue, and the firm is planning to increase investment to capture a greater share of the market in China.
While emerging market economies including that of China have slowed more recently, they also enjoyed an extended run of impressive growth fueled in large degree by exports to Western countries.
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Whirlpool disclosed a sales and distribution alliance with Chinese retailer Suning in an effort by the world's largest maker of home appliances to increase its small share of the market in China.
Raising equity at that valuation is out of the question, and with conventional bank loans in China having a maximum term of one year, Tri-Tech turned to the bond market, a new source of capital in China, to obtain longer term financing.
If the magnitude of a domestic market of a country is measured by the size of her population, China is a large resource (labor) and product (consumer) market.
Xu Xin, president of Deer Jet, a subsidiary of the Hainan Airlines Group, told China Daily that he is very optimistic about the Chinese business aviation market due to the increasing number of rich people in China and their willingness to spend more on business jets.
The IMF estimates that total GDP of the emerging market nations, led by China and India, will surpass that of developed economies in 2014.
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The Street continues to back away from shares of Baidu, the leading player in the China Internet search market, out of concern that the company is losing market share to new entrant Qihoo 360.
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Li Ning also faces tough competition from Nike at the higher end of the China market.
He is the founder and managing director of the China Market Research Group.
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