Thursday, September 13, 2007 3:20:00 PM
Tiny China Fire & Security, for example, is just a $250 million company, yet it's helping the government write new industrial fire codes and winning big contracts from giants such as PetroChina (NYSE: PTR), Wuhan Iron & Steel, and Handan Iron & Steel as they build out infrastructure in the west. Multinationals such as Honeywell (NYSE: HON) and Tyco (NYSE: TYC) simply don't have the same connections.
That's a big advantage for a small company to have, and it's an advantage unique to Chinese firms operating in China.
Signatures are so yesterday!
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