Multinationals do not have to look at Vietnam and India as a replacement for China, says business analyst Shaun Rein at CNBC. In the next ten years China’s middle class is going to grow massively, and cannot be beaten by anybody else, he adds. “About 400 million poorer Chinese are getting into the middle class in the years to come,” he says.
Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touchmailto:fons.tuinstra@china-speakers-bureau.com or fill in our speakers’ request form.
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