Investors beware as China charts consumer boom (Reuters) 
Reuters - China is on course to become the world's second-largest consumer market by 2015, but foreign firms looking to tap the retail boom must brace for a bumpy ride and possible price wars, Credit Suisse said on Friday.
China boom is a double-edged sword. For growing economies, this may be good news. New trading partners, new location for exports. For Filipinos, this is heaven, since jobs will be available in China, which is very near to the country. However, when the big shots decide they want a piece of the Chinese pie, then price wars ensue. Which is healthy for me, especially in a capitalist world. In the end, the bigger shots will remain. The consumers will win. Hopefully.
technorati tags:china, boom, market
No comments:
Post a Comment