OVER THE PAST FEW YEARS, CHINA'S major carriers have undergone a transformation in their attitude toward foreign competitors. Their long-held pessimism and concern, perhaps best understood in the local saying "wolves are coming," has been replaced by a recognition that seeking cooperative partners among counterparts abroad is a way to boost competitiveness and create a win-win situation.
OVER THE PAST FEW YEARS, CHINA'S major carriers have undergone a transformation in their attitude toward foreign competitors. Their long-held pessimism and concern, perhaps best understood in the local saying "wolves are coming," has been replaced by a recognition that seeking cooperative partners among counterparts abroad is a way to boost competitiveness and create a win-win situation. The lucky thing is that it is not too late for them to make such moves. China Eastern Airlines signed an ...
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