Very interesting piece. Gives an interesting twist to the tale. Though I believe the professor from Britain is more right than others. The consumption capacity of China and India as potential markets is too overpowering an arguement. Increases in cost of production etc , in medium to long term, will get offset by evolving "ready-to-consume" largest middle class is the world.
Please do read the complete story from the link below.
http://www.economist.com/business/displaystory.cfm?story_id=8515811&fsrc=nwlbtwfree
No comments:
Post a Comment