Posted on 06/20/2013 7:25:32 PM PDT by TexGrill
CHINATALKS speaks to one of the world's leading experts on strategy, globalization and emerging markets, Dr. Anil K Gupta, about market entry, innovation, and the impact of political systems upon market access.
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v Pictures Can Be Deceiving: China and India
CHINATALKS speaks to Dr. Anil Gupta in the second of a two part special, on the possibility of multinationals ignoring emerging markets such as China and India, and the question of whether China and India's political systems help or hinder market access.
(Excerpt) Read more at english.cri.cn ...
With all due respect, China is the world’s leading exporter now.
China is not an emerging market.
China is the world’s leading manufacturer.
Leading manufacturer for export maybe. “Emerging market” is a term relating to the number of available *consumers*, not how much the manufacturing base produces. If China is an emerging market, it means more and more people there have enough resources to start buying things for themselves, which is probably the case.
As per Goldman, “Emerging markets are nations with social or business activity in the process of rapid growth and industrialization” — China is still in that list...
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