KONE executive: China has a multifaceted business approach

"China is actually KONE's largest single market. Over 20 percent of our business is here in China," said Joe Bao, president of KONE Greater China during an interview with China Daily Website. "I think China has such a multifaceted business approach," he added. He also pointed out that KONE's operations in China benefit from the country's urbanization and modernization, as well as its robust supply chain.