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VOA常速英语听力2012年09月合辑(文本):Italian-Entrepreneurs-Turn-to-Chinese-for-Help
MILAN, ITALY — The economic crisis in Europe is deeply felt in the northern and more developed part of Italy, where entrepreneurs are suffering from a lack of credit and a decreasing number of customers. To overcome the crisis, some businesses are seeking Chinese investment, like the owner of CB Ferrari.
When Renato Bianchi founded the company in the late 1960s the Italian economy was booming. Over the next four decades his company grew from a handful to about 160 employees.
But when the global economic crisis hit, in the mid-2000s, orders began to decrease and Bianchi said he started losing more than a million dollars of business a year.
揑 thought we had to change businesses, because we could not make it, he said. Either we started doing something else, or we sell the company. Our competitors, Swiss, German and Italian companies, were all very interested in buying. We started having talks with all of them, and the amount of money they were willing to spend was considerable.?
But instead Bianchi chose to sell to a Chinese company. For less money, he s aid, but with one important guarantee.
揟he best thing about the deal was that they would leave the company as it were. The Chinese company was okay with keeping the managers and the workers. And that for me was very important, it meant that I was not bet raying my workers, my people, Bianchi said.
CB Ferrari produces automated precision machines that make turbines for the auto, aeronautical and energy industries.
The Chinese state-owned company that purchased Bianchi抯 company makes similar, but much le ss sophisticated, machines. Chinese companies are looking for an upgrade in Europe, said economist Roberta Rabellotti.
揓ust like Marco Polo went to China and brought back technological innovation, in this case it抯 the Chinese who are coming to Europe, t o Italy, and need to acquire intangible assets, like knowledge, managerial skills, she said. But
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