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Is China Serious About Major Economic Reform? Probably Not

Tom Doctoroff | Posted 05.25.2011 | Business
Tom Doctoroff

Is China wrong to make economic reforms so slowly? Probably not. Despite having become the world's second largest economy, China is still a poor country on a purchase power parity (PPP) basis.

China's Senior Market: Gray Today, Golden Tomorrow

Tom Doctoroff | Posted 05.25.2011 | Business
Tom Doctoroff

Marketers must realize that, as incomes rise, the Middle Kingdom will become more modern, more international, but not more Western. Goods must be positioned in accordance with cultural imperatives.