Prof. Howard Yu explores trends in China's evolution to figure out whether China has the wherewithal to develop global brands like those Japan & Korea have, or will it be relegated to just being the "manufacturing hub", a la Taiwan
China’s economic development seems inexorable. Its economy is likely to be the world’s largest before the end of this decade, and the renminbi will probably become one of the world’s reserve currencies alongside the US dollar and the euro.
[This article has been reproduced with permission from IMD, a leading business school based in Switzerland. http://www.imd.org]