Huaan began negotiating with a team that came mostly from Jardine Fleming Asset Management, a British firm with long experience in Asia.
ECONOMIST: Banking in China
The company will be led by a management team of top executives with unrivaled experience from both companies.
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Through Groupe Danone's painful experience, Kraft learned that building up a local management team to maintain solid connections with the Chinese distributors is a major part of doing retail business in China.
FORBES: Retail
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