This is something to think about. If growth patterns in China and the U.S. remain the same, in less than ten years, a Beijing accountant and her husband will have more real disposable income than a middle class couple in Washington, D.C. or Nashville. The new economy in China will stimulate imports such as automobiles, entertainment, environmental protection devices, and quality consumer products which will bring about a better quality of life. This means more potential opportunities for Tennessee exporters. Two-thirds of foreign investment in China comes from Taiwan and Hong Kong.
Japanese businesses follow closely.
They know the Chinese market best. In the past, they leveraged as much state money as possible and utilized foreign investment incentives to speculate in real estate and small manufacturing facilities for quick returns. Today, more companies are making long term investments in China with their own money. China is their primary market. It should be yours too.