question

G'day ,
Any comments on whether the withdrawal from China , was based on the premise that they had simply picked the wrong partner (ie Fintronics... obviosly the Tianjin saga did not do much for the relationship) .... or whether just the issues of gaining entry into the Chinese market were perceived to be insurmountable in the short/medium term. The global credit crunch did not help any company carrying large debt on the books.....and the withdrawal/ consolidation will ease the load somewhat and going backwards may be the best way forwards at the moment.

I hold ICP by the way.