This Case is about BUSINESS HISTORY
PUBLICATION DATE: January 23, 2013 PRODUCT #: 314C16-HCB-CHIWanxiang Group A Chinese Company's Global Strategy (B), Chinese Version Case Solution
Nutritional supplements the Instance 308-058. With a practically forty-year history as a corporation in China, the Wanxiang Group has browsed through the distinct political and economical changes in China to develop into a comprehensive company conglomerate, and to succeed as an international leader in the auto parts sector. Starting in 1994, when it first began its operations in America, Wanxiang started to enlarge its function as a components provider into a discerning acquirer of distressed businesses in the U.S. While acquisition was seen by it as an exciting means for increase, business strategy at its Hangzhou, China headquarters additionally contained vertical integration using a target of creating a full on electric car. Were interchangeable or these two aims divergent: exclusive or mutually supporting?