Given the U.S. economy’s sustained recovery, it is all but certain that the Federal Reserve will start to reduce bond-buying later this year and end it completely sometime in 2014. As real U.S. interest rates inch up, investors are pulling money back from emerging markets……..…
In 2000, Chrysler’s then president, James Holden, traveled to India to study the market. Upon returning to Detroit, he summarized his visit with the remark: “Call me when (India has) built some roads,” according to Forbes correspondent Robyn Meredith in her 2007 book The Elephant and the Dragon..…..…
The Washington Post quotes Anil Gupta in:…
Exploding watermelons, toxic peanuts, and contaminated rice are just some of the food hazards that routinely bedevil Chinese consumers. The risks of contamination are particularly far-reaching in the case of milk, since more than 70 percent of Chinese mothers rely on baby formula rather than breast milk to feed their babies..…..…
Caterpillar has a well-earned reputation as a global technology leader, having done a masterful job diversifying from its main construction equipment business into mining equipment, heavy-duty engines, electric power generation, and locomotives. Yet when it comes to performance in China, the world’s largest market for its products and services, Caterpillar seems to be floundering….…..…
The commerce ministers of India and China meet Monday in New Delhi, and the trade balance between the two countries is set to be a matter of particular controversy. Indian leaders have become alarmed by their growing trade deficit with China….….…
In our previous column (“Corporate Strategies for A Slowing China, Part 1”), we argued that the slowdown in the Chinese economy is structural, not cyclical. In this column, we look at what these structural shifts mean for multinational companies’ strategies in China. We focus not on the upcoming 12 months but on the next five to 10 years, the relevant time frame for major strategic decisions……..…
Global chief executive officers should stop praying for a miracle in China. As the investment- and export-driven boom of the last 15 years comes to an end, the days of double-digit annual growth in gross domestic product are over. Depending on the pace and nature of economic and institutional reforms, the new normal for GDP growth will be somewhere in the 6 percent to 7 percent range…..…..…
If you’re among the many multinational CEOs planning to appoint a local executive as your next country head in an emerging market such as Brazil, China, or India, you may want to think again……..…
Godfrey Hounsfield, an EMI scientist, conceived the world’s first CT scanner in 1967. By the time he won the 1979 Nobel Prize in Medicine, EMI had ceded almost complete control over the CT scanner market to later entrants GE and Siemens…..…..…
