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Charles Kao shapes South Korean cosmetics firm's China strategy to exploit online sales

Chao stopped short of saying the government would require retrofitting all aircraft with new safety features.

Cars are assembled, not forged in a single place. Modern manufacturing techniques result in automakers having plants in several locations, often in different countries, that specialize in producing pieces of the finished vehicle. For instance, the plant in Dagenham, in East London, makes nothing but diesel engines and parts.

Cao added Chinese consumers could not only buy daily necessities, but also tourism products, houses and automobiles via online marketplaces.

Changing lives