China - the world's factory for cars as well
China's Commerce Ministry is forecasting the automotive exports, which mainly consists of auto parts today, to increase from $11.8 billion last year to between $70 and $100 billion by 2010.
If we haven't done our scenario work about how the world will look like when China steps forward, it is about time now!
The main problem today is that our institutions are almost completely unable to think about decline. TV-program after TV-program is reporting on the effects of the business tsunami created by WalMart and others... but who is building the structures that will come after? If it is necessary for the old organizations to die and for others to rise from the ashes, who is creating the new frameworks and mindsets for them?
International Herald Tribune - China on brink of cracking car market