What is the Chinese market like?
The rumors are true. You can make and sell your products in China. Previously, businessmen made products and shipped them out of China to a place where people actually had money. But with all the money that is entering into China, many Chinese are starting to spend it. For example, there are more than 160 million cell-phone users in China and over 100 million Chinese on the Internet—the second largest Internet community in the world. And the annual premiums in the insurance market are expected to exceed 120 billion dollars by 2008. The answer is: the Chinese middle class is growing incredibly rapidly and with their ascension, the Chinese market holds vast potential. Maybe, with a little work, I can afford the sushi—if not the yacht.
