Thanks for visiting Capital Advisor. I frequently update this blog to cover various topics on personal finance such as investment strategies, financial products that you should buy and ones that you really should stay away from, financial calculators, emerging themes such as early retirement and financial independence, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.
Like many other global companies, Danfoss had been taking a slow boat to China. During the mid-1990s, the company moved some of the manufacturing of its valves, compressors, and motion controls there to take advantage of low wages. It was selling some of the output around the world and the rest locally, at high prices, to business customers in the major coastal Chinese cities. Was this the optimal strategy?
Read the complete interview from the latest McKinsey Quarterly.
Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.