The debate: The End of Cheap China – Shaun Rein

The End of Cheap China: Economic and Cultural Trends that will Disrupt the World is the title of Shaun Rein‘s book, expected in March 2012. But the debate on the book has already started, at his linkedIn Group, The End of Cheap China.

Wages in China are going up, and China’s government is trying to offset a plummeting export with increased domestic consumption. Is is working? At the LinkedIn group  The End of Cheap China, IMD professor Bill Fischer kicks off the discussion:

 Last week, I heard the CEO of a very large European company claim that “a new Iberia” of consumers joins the Chinese market every year…..but, consumption’s role in GDP continues to be an disappointing basis for hoping for decoupling. Is it that the overall economy continues to grow so fast that the increase in consumption doesn’t show up?

 Both Shaun Rein and Bill Fischer a speakers at the China Speakers Bureau. Do you need them at your meeting or conference? Do get in touch.

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