Foreign brands struggle in Year of the Rabbit

By Wu Nanlan
0 Comment(s)Print E-mail China.org.cn, December 19, 2011
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Otis fatal accident

On July 5, a Beijing subway station escalator suddenly lost control, leaving one dead and 30 others injured.

On July 5, a Beijing subway station escalator suddenly lost control, leaving one dead and 30 others injured. [Photo/Chinanews.com]


At 9:36 a.m. of July 5, a Beijing subway station escalator suddenly lost control and threw more than 30 riders off their feet, leaving one dead and 30 others injured.

Three branches of the US-based Otis Elevator Company in China were fined for the deadly accident. According to sources close to the company, Otis's sales have suffered a serious blow since the accident as clients who had signed orders with the company have asked for refunds, while many contract negotiations are facing collapse. Otis sent an American team from its global headquarters to China to evaluate the impact of the subway escalator accident on sales.

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