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"But now, it's opting to move forward through mergers and acquisitions, as well as by setting up local companies on its own," Wang said.
"China has been kind to us. We can only show the same favor to them. Stop this Sinophobia," he said.
"But we are still facing big challenges in producing reliable core components, and many products are still mid-tier to low-end. We hope the roadmap can serve as guidance for companies to cultivate innovation and upgrade their plants," Xin said.
"But the price wouldn't go up much even if it rises," he said.
"China is now the second-largest market of Emerson," said Hakan Erdamar, president of Emerson commercial and residential solutions in Asia, Middle East and Africa. He said the planned research center will become a vital part of the company's strategy of "in China, for China".
