According to some analysts, companies with plans are the exception. The same could be said for the economy as a whole, he adds. But other consultants reckon that nearly all companies in China are planning ahead, though some have less room to manoeuvre. All big state-owned enterprises do take WTO seriously. So their hands are more bound.
Early birds catch the worm.
Liu's strategy is to concentrate resources on areas in which he believes his company can compete. At the same time, Hope has shelved a plan to buy a factory that makes urea, a key ingredient in fertilizer. Right now imports of urea are restricted by our government. But after WTO it'll be easier for these imports to enter the country. And Russia's fertilizers are much cheaper than ours.