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Strategies & Market Trends : HONG KONG

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To: Tom who wrote (1613)	5/15/1998 2:37:00 PM
From: ----------	Read Replies (1) of 2951

100% agree, Tom. The current leadership is making phenominal strides. Despite all the prestige & perks, I would not have Mr. Zhu's job for anything. Look how rare it is for our 436 Congressmen to agree on something. Mr. Zhu has a billion people to convince "this is the right thing to do." Talk about a tough job! There is an interesting article in this week's FORTUNE magazine. Seems the current CEO of Coca-Cola worked out a deal while in China. The article says there are a lot of older Chinese who are employed by the Government in cities. Their tasks are not a full-time job. So, the Coke CEO said:" Ok... how about you folks selling Coca-Cola? You earn a commission on each bottle you sell, your local party chapter gets money to help with local problems." It seems to be catching on, and Coke is establishing the brand name recognition they want. Regards, Doug

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