French Echoes: Haier Makes Profit in Going Global
April 2nd, the French Les Echos newspaper carried a report, highlighting the Chinese Haier Group's achievements in their going global process.
In the late 1980's, Haier Group was a small factory on the brink of bankruptcy, but today it is a large cooperation employing 30,000 people and a profit maker in successive years. A latest survey conducted by the well-renowned info company Euromonitor shows that Haier Group has ranked second and third in the global refrigerator and washing machine production industries respectively. The report said.