Advice to Li Shufu: Don't Try to Free Ride Geely on Volvo Too Soon
This marriage brings a great deal of uncertainty to the brand. Li Shufu needs to persuade Volvo's loyalists and potential drivers that he and his team are capable of cherishing all values from this particular image: cutting-edge R&D, especially in safety technology, luxury design, and driving experience. Being very European, certainly not Chinese.
China and HK M&A: Strong 2009, Stronger 2010
With Corporate China's hunger for oil/gas and resources, cash-rich balance sheet, as well as its domestic consolidation and outbound investment, the M&A was up 6.5% in China and Hong Kong in 2009 despite the downturn in global M&A activities. And 2010 will keep the aggressive momentum given Chinese government's determination to restructure its industries and economy.
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