Will China Bring Your Firm New Owners, Partners, or Competitors?
Harvard Business Review
MAY 13, 2014
During the global financial crisis, Robert Remenar, CEO of Nexteer, a Michigan-based automotive steering firm, deliberately searched for potential new Chinese owners. In 2010, Chinese firm AVIC Automotive purchased Nexteer for $465 million. But what are the broader implications for industry standards?
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