Shifting Our Views of Business with China
For the last decade, it seems like we have been fighting this economic “war” with China. Manufacturing in North America was drying up and moving to places with cheaper labor and materials, such as Asia. The “made in China” label has a lot of stigma attached to it, as it’s associated with low quality, low price items with poor environmental and social attributes. However, as our economies continue to evolve, we need to start looking at China in a different way: not as a producer, but as a consumer. The size of the middle class has been rising dramatically in...