China is in the process of transitioning from being the world’s export-driven, cheap-labor manufacturing nexus to a middle-income, consumer-driven economy. It represents a major challenge for the Chinese government, and it opens up opportunities for multinationals seeking to serve the Chinese market. Furthermore, it creates an opportunity for other emerging economies to take China’s place in the global economy. What are the implications? Who will benefit and who will suffer? How is the transformation likely to evolve? We’ll tell you what some of the world’s best analysts expect to see and what it means for you.
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