Friday, November 14, 2008

How to spend 500+ Billion

A friend from Asia mentioned something recently that I think bears repeating.

"quite a situation we're in, the US is spending $750bn bailing out banks /auto (and in essence getting nothing for this save avoiding bankruptcies) and meanwhile China is spending $550bn on capital infrastructure investment that will surely increase their economic and commercial competitive advantage for the end of the recession !! "

I believe strongly that Canadian business needs to take a long hard look at their China Business strategy, because going forward China is the growth model for your business.

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