But at the end of the day barriers to market entry are falling. The tie-ups with Sinopec, Tata and a venture with Korea's LG Group will boost Honeywell's presence and revenues in the region. Honeywell is also working with Aviation Industries of China to develop, produce and market electronic instruments to improve aviation safety. The idea is to introduce controls to make coal-firing furnaces work more efficiently, thus saving energy and the environment. The project has World Bank funding.
China is the major part of that offensive.
If Bonsignore worries about anything, it is that his company doesn't have the presence it needs throughout the mainland to satisfy its ambitions. We are asking what else could we be doing and doing faster. In Asia's large, emerging economies, even with a good partner, you cannot move fast enough. All Rights Reserved. Terms under which this service is provided to you.