The conventional wisdom says that China is the biggest story of our time. Now, as India goes through a similar process characterized by historically high rates of growth and further integration into the global economy, it appears that the path it follows will influence the global economy and business environment. Perhaps, then, India is the next big story.
Global business leaders believe that they must have … [ Read more ]
Content: Article | Author: Ira Kalish | Source: Deloitte | Subjects: International – Asia, International – China
China is at a crossroads. Having become the world’s factory and the most important destination for foreign investment, China’s economy has boomed. Not only is China the preferred location for procuring goods, but its domestic market has achieved critical mass, driving global companies to increasingly target Chinese consumers. China is the place to be.
Yet there is a problematic side to China’s success. China’s growth has … [ Read more ]
Content: Article | Author: Ira Kalish | Source: Deloitte | Subject: International – China