Haier

Haier CEO Replied to Journalists Tactically Haier CEO Mr. Zhang Ruimin received interview of reporters from Xinhua News Agency, Islamabad Agency and local major press at the foundation stone laying ceremony of Haier (Pakistan) Industrial Park. Reporter: "Why does Haier choose such economically undeveloped countries as Pakistan to establish its factories?" Zhang: "Market competition is a process of globalization. Market exists in both developed and developing countries. Genuine world-wide famous product has no distinction in market just as Coca Cola can be also found in undeveloped countries." Reporter: "Haier achieved success in establishing factories in the U.S., however, is Haier able to develop quickly in such countries as Pakistan? "