Shaun Rein, managing director of China Market Research Group tells CNBC’s Oriel Morrison why he believes the investment story for 2010 will be the Chinese female consumer.
Monthly Archives: May 2010
China’s state capitalism and multinationals
As China gains dominance on the world stage, more and more multinational corporations will need to rethink their assumptions about competing under its state-capitalism model—one in which the government is the principal economic driver. So says Ian Bremmer, president of the political-risk consulting firm Eurasia Group and author of the upcoming book The End of the Free Market: Who Wins the War Between States and Corporations? In this video interview, Bremmer discusses the fundamental distinctions between state capitalism and free-market economies, as well as the strategic implications this has for Western companies and governments alike.