For more than a year, the federal government of China had actually looked for to establish a vehicle market. Of specific issue was a desire of the federal government of China to guarantee that its brand-new automobile market would embrace the most current advances in innovations.
This topic of innovation transfer, and how the federal government of China might well support it, ended up being a main problem in China's vehicle market. From the viewpoint of the federal government of China, Geely's acquisition of Volvo would be a significant action in attaining innovation transfer on a continuous basis. From Geely's point of view, the Volvo acquisition would offer it with a brand-new set of high-end automobiles for sale in China that would fill a space in Geely's vehicle lineup.
PUBLICATION DATE: June 17, 2010 PRODUCT #: 910M57-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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