Famous quote by Daniel Yergin

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In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have t
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"In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient"

- Daniel Yergin

About this Quote

This quote by Daniel Yergin recommends that in the future, Chinese companies will end up being more involved in worldwide industry. This is because of the truth that they require to be accountable to both their investors and the Chinese authorities. This suggests that they must pay and effective in order to remain competitive. This might lead to increased competitors in the global market, as Chinese business make every effort to make a profit and get a grip in the worldwide market. This might also result in increased collaboration in between Chinese and international business, as they collaborate to create more effective and rewarding business designs. Eventually, this might result in a more integrated international economy, with Chinese companies playing a bigger role in worldwide market.

About the Author

USA Flag This quote is written / told by Daniel Yergin somewhere between February 6, 1947 and today. He/she was a famous Author from USA. The author also have 22 other quotes.

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