9th March 2006
The Asian Development Bank has
forecast that China could be the world’s largest economy as early as 2025.
Given an event horizon of less than 20 years, how should we be responding?
Could 2006 be the year when individuals, companies and governments across
the planet will start to embrace the likely breadth, depth and style of
long-term impact China could have on everything from investment flows
through to scientific research and voting models for the United Nations?
I’m in the midst of writing a book on China’s future and thought I’d take
the opportunity to draw on the interviews and research to date to share
some of the key views emerging. In the thought piece below I’ve tried
to outline some of the key perspectives emerging on China’s future and
posed a series of critical starter questions for those charged with developing
China Strategies for their organisations.
A Nation on the Move
The question should not really be “why take notice now?” – but rather
“Why have you taken so long?” Wherever one looks, the evidence is inescapable
that China is a country on a rapid development path. When reviewing official
statistics, government plans, investment commitments, analyst projections
and company forecasts, three key macro drivers emerge:
You can find more about
for the Future