Dahlman lecture

Us is no longer big market china has been really good

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Unformatted text preview: jected: Both US and EU are dropping, Japan as well, but China is growing at an unprecedented rate of growth; within five years, China’s GDP will be larger than the US’s in terms of what their currency can buy (THE POINT IS THAT CHINA IS A GROWING POWER IN GLOBAL ECONOMICS, INDIA IS COMING ALONG TOO, will surpass Japan in this year) interested markets for investors are unsaturated markets and those are the ones in China and India. Companies want to go to China to produce there now because that’s where they can make sales. US is no longer big market. China has been really good at tapping into global knowledge in so many legal and illegal ways China and India’s Rise: China peaked in 1820 but declined rapidly due to Western Europe’s involvement and the r...
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This document was uploaded on 03/27/2014 for the course STIA 305 at Georgetown.

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