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Tvs the local brands outsell the foreign brands. this customer is buying a tv for her family. she s decided on a hisense. it s made here in cline ashe says. i m buying it because it s good quality and great service. i already have several at home. now that chinese companies have been successful competing against international brands at home they want to compete with them everywhere. companies like haier are make a big international push. haier makes refrigerators and also chinese s largest home appliancemaker. the company opened up a refrigerator company in south carolina. pcmaker lenova. are innovating a lot. exploring new ways of using products and that development is really, really rapid. they will face some challenges in terms of delivering product quality consistently and creating a brand. reporter: chinese brands have struggled overseas. ....
president george w. bush. u.s. is downplaying expectations ahead of talking to try to stop iran s nuclear program. iran and six other countries will hold a meeting in istanbul today. don t expect any breakthroughs. it s just constructive progress. meanwhile 125 alleged mobsters have been arrested in the u.s. in one of the largest sweeps against the mafia in fbi history. authorities say it s an important step in tackling the criminal organization known as la cosa nostra. those are the headlines. i m zain verjee. world business today starts now. good morning from cnn london i m matt foster. and a very good afternoon from cnn hong kong. i m andrew stevens. welcome to world business today. the top stories on friday, january the 21st. and back to the future a management reshovel at google larry page retake to take the reigns as ceo. china s president calls for increased economic cooperation on a visit to capitol hill. but lawmakers give him a less than warm w ....