"China is Ericsson’s fourth market,"the reporter was told by Mr.Uldis Zervens, RegionalDirector, East Asia, Ericsson Company, inStockholm, Capital of Sweden. Only six months later, when she wentto the Ericsson Telecom Building in ChaoyangDistrict, Beijing, the reporter was informedby Mr. Olof Lenneman, president of Ericsson(China) that China has become its third market.Its annual turnover in China is US$ 1.2billion, making up 8 percent of its total salesvalue in the world, next only to that in theUSA and Sweden. Mr. Lenneman is a good talker. After
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