1 minute of excerpts from a talk given at Business Connect's Stimulus event on 4 July 2014 youtube.com/watch?v=Qg5LrPLDlqw
It’s not the world is going to change, it’s not that China is the future. The world has already changed and China is already here.
Alibaba is responsible now for more online transactions than eBay and Amazon combined; China Union is the largest issuer of bank cards in the world already; China has more pigs than the next 43 most piggy countries in the world combined; this is China’s consumption of the world’s resources - it’s not another market: China is half the world.
Weetabix, Saville Row Taylors, London Cabs, Thames and Sunseeker boats: all of them are owned by Chinese companies.
This is the world as we know it – and it has already changed.