search query: @author Yatsko, P. / total: 11
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| Author: | Yatsko, P. |
| Title: | Under new management |
| Journal: | Far Eastern Economic Review
1996 : OCT 24, VOL. 159:43, p. 68-69 |
| Index terms: | FAR EAST ECONOMICS COMPANIES |
| Language: | eng |
| Abstract: | What does a majority shareholder do when its company is losing ground in a fast-growing market, and stock analysts describe its managers as ineffectual? Throw the bums out. That's basically what the Chinese government has done at Tsingtao Brewery Co., China's third-largest beer market. Now the government is counting on Peng Zuoyi - the man it lauded this year as Qingdao city's outstanding businessman - to reverse the beleaguered brewer's fortunes. The 51-year-old Peng, who took over as general manager in July, certainly brims with confidence. |
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