Reality Check
Phil Burnett
Although Asian populations will plateau, their ability to consume will no doubt increase significantly. China is still primarily a business-to-business (B2B) economy. It has 34 companies in the Fortune Global 500 list that are all B2B by nature. But as individualism steadily gains in the country, China's appetite for consumer goods will surely follow. Support by industry analysts for this assumption has been increasing. My conclusion is that it will not be "if" the Chinese consumer will make a significant impact on demand, but "when."
Any discussion of economic activity in Asia must also include India, which continues to solidify its position as one of the world's growing economic powers. Its economy is now ranked fourth by purchasing parity and annual GDP growth.
I'm closing my thoughts with a word about technology. Next to our land, it is our most valuable asset. Make sure you're using it to your advantage. We believe strongly that it is the key to lowering costs and generating leverage in any market.
source : cottonfarming
Phil Burnett
Although Asian populations will plateau, their ability to consume will no doubt increase significantly. China is still primarily a business-to-business (B2B) economy. It has 34 companies in the Fortune Global 500 list that are all B2B by nature. But as individualism steadily gains in the country, China's appetite for consumer goods will surely follow. Support by industry analysts for this assumption has been increasing. My conclusion is that it will not be "if" the Chinese consumer will make a significant impact on demand, but "when."
Any discussion of economic activity in Asia must also include India, which continues to solidify its position as one of the world's growing economic powers. Its economy is now ranked fourth by purchasing parity and annual GDP growth.
I'm closing my thoughts with a word about technology. Next to our land, it is our most valuable asset. Make sure you're using it to your advantage. We believe strongly that it is the key to lowering costs and generating leverage in any market.
source : cottonfarming
No comments:
Post a Comment