BUSA 394 Lecture Notes - Lecture 4: Financial Times, Xiaomi, Jio
Document Summary
Busa 394 2nd challenge to the west: china. Guest speaker: ed siedlak, sr vp sales in china, andritz china. He worked in the paper mill industry in canada all of his life, when he started there was 189 mills and now there is 7 of them. He moved from canada to china in 1988 while working for a swiss company called abp. It was a large company of more than 400 vps and thousands of employees. In north america perception is reality, while in china it is not the case. For instance, taiwan and china are supposed not to talk to each other but taiwan is one of the biggest investors in china. Ed was able to have dinner with the president of taiwan in china when the countries were not even supposed to communicate. He left the swiss company and then built a company in china, that he grew up with over 100m dollars of sales.