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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1182)10/31/2003 12:22:50 AM
From: RealMuLan  Read Replies (1) of 6370
 
China changes the equation

Barun Roy
Published : October 31, 2003

Surely, China has a great sense of timing. The launch of Shenzhou V, carrying the first Chinese astronaut into space, came just days before US President George W Bush’s trip to Asia for the Asia-Pacific Economic Cooperation (APEC) summit in Bangkok.

It sent out a message that even Bush couldn’t have missed — a new superpower was rising in Asia and ought to be taken seriously. Suddenly, China appeared to the world in a very different light. The fastest-growing economy in the world also emerged as a nascent technological giant.

business-standard.com
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