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Q341038
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The following excerpt was removed from the original version of the text.
“One example of a global company that has ‘put on its China hat’ is the telecommunications company Alcatel-Lucent. Since 2002, Alcatel-Lucent has operated in China through its subsidiary Alcatel Shanghai Bell (ASB), in which the Chinese government has a minority stake. This structure has not only allowed Alcatel-Lucent to position itself in the Chinese market, but also to successfully expand to Africa. The EXIM Bank has granted the company US$63.3m in funding to aid its overseas expansion. In Africa, ASB has won deals in countries such as Ghana, Angola, and Nigeria.”
This excerpt would best fit after the segment.
“One example of a global company that has ‘put on its China hat’ is the telecommunications company Alcatel-Lucent. Since 2002, Alcatel-Lucent has operated in China through its subsidiary Alcatel Shanghai Bell (ASB), in which the Chinese government has a minority stake. This structure has not only allowed Alcatel-Lucent to position itself in the Chinese market, but also to successfully expand to Africa. The EXIM Bank has granted the company US$63.3m in funding to aid its overseas expansion. In Africa, ASB has won deals in countries such as Ghana, Angola, and Nigeria.”
This excerpt would best fit after the segment.