Investor Presentaiton

How about failure? Annual number of net 'surviving' and closed Dutch subsidiaries of Chinese parent firms (2000-2013) 60 50 40 30 Failure rate 20 22% 10 Number of 'surviving' offices Failure rate 4% Number of 'closed' offices 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Source: NFIA (Onno Bogers)

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