Association Management, December 1st, 2004
The burgeoning number of multinational corporations establishing manufacturing, research and development, and sales and distribution operations in China is not the first situation in which the outside world has shown a fascination with China. In fact, the world has been mesmerized with China since the times of Marco Polo in the 13th century. These days, inexpensive labor, enormous market potential, and a consumer base that is growing exponentially characterize China's role in globalization. According to The McKinsey Quarterly 2004 Special Edition: "China Today," China's economy has been aver...
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