But the company lacked the capital needed to take on massive building projects.
In the late-2000s, the company lacked popularity, but continued to grow.
"At the same time, foreign companies are eager to sell to the 1.3 billion Chinese, but lack local knowledge."
As a result, after a few weeks, the company lacked 57 trains to provide adequate service.
A half million workers were laid off as companies lacked steel to keep plants running.
What we hear most often is that Russian companies lack structure and transparency.
Although American companies lack much market share here, their brands are easily recognized.
The company also lacked the resources to generate that content on its own.
The new company, however, still lacks a name, a board and a chairman.
But both companies lack important building blocks to become truly global.