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A strong and growing increase in cross-border business investment by multinational corporations in Mexico, Eastern Europe and Asia--notably in China and India--presents new transfer pricing challenges. The acquisition of IBM's personal computer division by China's Lenovo and the aborted bids for Maytag and Unocal have heralded the arrival of a new player on the global business scene--the Chinese multinational enterprise. and editor of Publisher's Multinational Direct, who is the recipient of a special award for extraordinary achievement given by The Direct Marketing Association (DMA) International Council, on June 27, 2005. |
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