Wednesday, September 28, 2005

China

China was frequently mentioned in presentations and discussions, mainly as a threat and not as a potential market. It is considered as a larger threat to Europe than India much because of its severe system regulating family size and growth of population. That is also the reason why China's economy will take off much faster than the one of India: it's easier to obtain a high GDP/capita if you can hold back the number of capitas...