Winston Kotzan

ABB Ltd: A Powerful Play on China

My main point is that ABB has established a good relationship with the Chinese locals, a tough market to crack. Once getting the "in", it will be easier for them to get future business from China. Another thing I did not mention in this article is that the ABB logo is found all over the place at electronics retail outlets. (Something that isn't even common in the United States.) Finally, at 10% GDP growth and a billion citizens with growing power needs, I don't think there will be a top just yet.