Wednesday, November 02, 2005
China Daily CEO Roundtable
China Daily CEO Roundtable
An discussion by an number of CEO's of major multinational corporations on the topic of how the multinationals can make the most of the Chinese consumer market:
An discussion by an number of CEO's of major multinational corporations on the topic of how the multinationals can make the most of the Chinese consumer market:
China has overtaken the United States as the world's number one consumer marketThese CEO's are learning how to produce for the Chinese consumer market not just in China for the world market. China appears here as an opportunity for economic growth. The Chinese government is facilitating investment--as long as that investment includes some form of Chinese partnership. The coordination, planning and implementation of this multinational drive to open the Chinese consumer market is being carefully limited by the Chinese government. Wal-Mart is a big player in the transformation of the retail sector in china, spurring greater productivity from its competitors. Wal-Mart continues to set the standard for global business standards in China. This kind of command and control, this kind of integration is made possible by the networking and information revolution
