China - Travelogue - October 2004

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Last updated: 18 Feb 2005 Update History

Report Status: Archived

Report Pages: 7

Analyst: Paul Budde

Synopsis

Archived report: this report was archived September 2005 and has not been updated. In late September I travelled to China to experience, first-hand, some of the exciting new developments in this, the largest country in the world. My last visit had been 15 years ago. I am sure that most people outside China have little comprehension of the mind-boggling pace of change, not only economically, but socially as well. In 2004, the Chinese people are far friendlier, more open and socially engaged. China is rapidly changing from a global market to a global power and this will have far-reaching consequences for global competition. The question is whether the rest of the world, and our industry in particular, is ready for this tsunami?

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