THE FRANCHISE SYSTEM

A quote from Lubo Li

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Lubo Li, director of business and market development, J.D. Power Asia Pacific
 
September 25, 2006 - 12:01 am ET
The franchise system is the dominant model in China because it is less risky. The dealership business is an entrepreneurial business. It can't be run as a big corporation. You have to have people who are local, who know the local market.

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