Going back to your roots

In a time of global uncertainy some companies take risks and others look inward. Lenovo is taking the latter path. Its American CEO Bill Amelio resigned and is being replaced by Chairman Yang Yuanqing. Yang will help to refocus Lenovo’s priorities on its home market, China. We wonder if the company regrets spending all that money on IBM. Over in the auto sector, General Motors certainly doesn’t regret entering the China market. The company is in talks with FAW Group about forming a joint venture to produce light commercial vehicles. It would be GM’s third JV in China. For regrets, we travel over to Shanghai Airlines, which might be having a change of heart about its spending plans over the last couple years. The airline has been suffering from a lack of passenger demand and, taking a cue from China Eastern, is asking Beijing for a capital injection. And speaking of traveling, Taiwan has announced that it’s considering building a bridge to the mainland. The bridge would link the island of Kinmen with the mainland city of Xiamen.