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Home > Home» News and Events» China Top Entrepreneurs Talk about U.S. Economic Crisis
 
China Top Entrepreneurs Talk about U.S. Economic Crisis
Editor: Tang Yuan Source: Tech.qq.com 2008-10-06

From September 27 to 28, at the Davos Economic Forum sponsored by tencent.com, Chinese top entrepreneurs ¡ª Lenovo chairman of board of directors Yang Yuanqing, TCL chairman of board of directors Li Dongsheng, Skyworth chairman of the board Zhang Xuebin, Alibaba chairman of board of directors Ma Yun, Cisco China president Lin Zhenggang, expressed their opinions about U.S. and global economic crisis.

 

Yang Yuanqing said compared to U.S. market, Chinese market experienced less impact from the crisis. But he admitted Lenovo¡¯s business in U.S. market had been affected. Yang said besides the four fast-growing countries ¡ª China, India, Russia and Brazil, Lenovo would put more energy into the exploration of European markets. Yang stated clearly that he was confident about Lenovo¡¯s business mode.

 

Ma Yun said many people were worrying about the Chinese yuan, dollar, raw material, labour cost and other less important problems. Ma believed the most important was to focus on ¡®create value for customers¡¯, and he said the domestic demand was the key to season the crisis.

 

Li Dongsheng thought the scale of U.S economic crisis was out of the expectation of many people, including him, while he believed China experienced less direct impact from the hit.

 

Zhang Xuebin was more optimistic. He thought the crisis was a good opportunity for Skyworth. Every time we look back to a crisis and we find some disappearing and some getting stronger, he said, you see Samsung was a good example who got rapid growing after the Asian financial crisis. The weakers give the market share and the winners take it.

 

Lin Zhenggang said China was unavoidable to be affected by the crisis, but the bigger developing space make the country has comparable better days.

 


 
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