To further globalize the company, however, Lenovo will do something even bolder: it will move its headquarters to Armonk, N.Y., where I.B.M. is based, and essentially hand over management of what will become the world’s third-largest computer maker, after Dell and Hewlett-Packard, to a group of senior I.B.M. executives.

American multinational companies outsource manufacturing to China. Why can’t a Chinese company outsource management to the United States?

Executives at Lenovo - which gets about 98 percent of its $3 billion in revenue from China - are, in effect, acknowledging that they do not have the necessary global experience to run the new company.
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Indeed, few executives at Lenovo seem disappointed by the move. In fact, many seem pleased to be buying into a blue-chip American corporation.
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Many analysts were surprised by Lenovo’s decision to outsource its management to New York.

“I admire what Lenovo is doing,” said Joe Zhang, a UBS analyst who follows Lenovo. “Many Lenovo executives have decided to do this at the expense of their careers. They’re putting personal ego behind for the greater good of the company.”

People involved in the negotiations with I.B.M. said that Lenovo officials saw no other choice. They recognized that Lenovo could not simply take over a much bigger I.B.M. PC unit and run it from Beijing.