I like challenging quizzes
that reveal surprising facts. Not only can you learn valuable information this
way, but you also have something to impress folks with at parties.
Try these 20 questions
on for size:
- Which country currently enjoys the #1 consumer market for luxury
goods?
- Which country manufactures 80% of all the toys in the world?
- Which country ranks second in the world in Fortune Global 500
companies?
- Which country has adopted the slogan, “Go West Young Man” to
promote a more equal distribution of wealth?
- Which country will see 100 new cities in the top global 600
cities evolve over the next 15 years?
- Which country‘s exports grew by 20% in the first half of 2011?
- Which country has the fastest growing consumer market in the
world?
- Which country has the highest percentage of its GDP coming from
manufacturing?
- Which country’s business leadership believes their top constraint
to growth is the availability of qualified labor?
- Which country will have the greatest exit of labor-intensive
manufacturing jobs over the next decade?
- In which country did 87% of the American business leaders say they
had revenue growth in 2010?
- In which country did 79% of the American business leaders say they
were either profitable or very profitable in 2010?
- In which country is the World Bank forecasting a 9.3% growth in
GDP in 2011?
- In which country does 12% of their GDP come from agriculture, but
almost half of the population works in agriculture?
- Which country has more pigs then the next 43 pork producing
countries combined?
- Which country’s GDP now accounts for 9.5% of world’s GDP?
- Which country’s economy grew seven times as quickly as the United States’
economy over the past decade?
- Which country expects to see exports rise 12.4% in 2011, but be
outpaced by a rise in imports at the rate of 13.2%?
- Which country is the most attractive emerging market for apparel
retailers?
- Which country’s retail growth is expected to increase at the rate
of 15-30% over the next five years?
Well, here is the
surprise – the answer to all 20 questions is China! The China economy is the 900-pound
dragon in the room of growth. This
country is no longer an emerging economy; it is an “emerged” economy.
The China economy is running on
steroids, and this presents your company with the greatest growth opportunity
of all time. You need to have a clear strategy not only on how to import from China and Asia, but also a strategy to achieve profitable sales of your products into China
and Asia. In unison with this importing of
products from Asia and selling into Asia comes
the essential need to pursue excellence in your supply chain.
In fact, I am so
passionate about this opportunity that I have just created a newsletter called
the Asia
Supply Chain Excellence Report. This complimentary resource will keep
you up to date on business trends and best practices in Asia
and help your company achieve supply chain excellence.
Get your organization
engaged with this awesome growth opportunity.
Go!Go!Go!
More Resources
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to Asia Supply Chain Excellence Report
China Business Blog and Podcast
China is Changing Supply Chains Around the World: Facts and Trends
Photo Credit: tuchodi