Friday, August 1, 2008

SUmmary 19# "China’s Industrial Ambition Soars to High-Tech"

China’s Industrial Ambition Soars to High-Tech

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By DAVID BARBOZA


No longer content to be the home of low-skilled, low-cost, low-margin manufacturing for toys, pens, clothes and other goods, Chinese companies are trying to move up the value chain, hoping eventually to challenge the world’s biggest corporations for business, customers, power and recognition.

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