Red Planet
Myths, truths and musings โจabout the worldโs biggest โจexporter, China
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DISPELLING THE MYTHS
"20 years ago China was a very different place. We had little information about the outside world," said Helen Wang, Forbes, consultant, expert on China's middle class and author of The Chinese Dream. Over the course of those 20 years, much has changed in The People's Republic. The quick industrialization of this nation has sustained a Gross Domestic Product (GDP) rate of a whopping 10 percent or better for more than a decade and sprouted a middle class that simply didn't exist beforehand. This rate of growth could be unsettling to Americans whose GDP has dipped to frightful recessionary levels and is now holding steady in the 3 to 4 percent range.
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Nichole Stella
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Nichole Stella is group president/publishing director of Promo Marketing Media Group, which consists of Print+Promo, Promo Marketing and NonProfitPro.
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