When the time comes, China will be ready and “reloaded.” Will the rest of the world be ready too?
The 2008 financial crisis was a business game-changer for the world. In developed markets, especially in the United States, people are still trying to adapt to its aftermath. For many “Generation-Yers,” it was their first experience of economic hardship. As Chinese celebrate the Year of the Tiger, which started Feb. 14, they realize their external business environment also has shifted in a new direction away from their comfort zones.
[This article has been reproduced with permission from Knowledge Network, the online thought leadership platform for Thunderbird School of Global Management https://thunderbird.asu.edu/knowledge-network/]