2 management - School of International Business and ...

Günter S. Heiduk
list suggests evidence for the increasing competitiveness of China’s business sector (Figure 3).
Even General Motors is expecting that in the near future its China produced cars will be exported to
the U.S.A. [Fox News, May 12, 2009].
Figure 1 | Vicious circle facing manufacturers in industrialized countries
Source: Own
Table 1 | Changes in Labor Productivity, competitive intensity and return on Assets in Selected Industries,
(1987-2008) Source: Deloitte 2009, p. 14, 18.
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