IBM's sale of its PC unit to a Chinese firm is the latest sign that a new giant is rising.
By Mark Sappenfield Staff writer of The Christian Science Monitor OAKLAND, CALIF. –
In a moment on Wednesday, the gathering might of the Chinese economy became as imposing and obvious as the Great Wall. This was no economic forecast - no set of percentages and decimal points that hinted obliquely at the power that 1.3 billion shoppers could someday wield. This was news that a Chinese company had agreed to buy one of the most venerable product lines in the history of American technology: IBM's PC business.