I came across a blog post by James McMullen back on February 16: China Is a Budding Business' Best Friend. I saved it. I intended to comment here on it, but I just never got around to it. Then a couple of weeks ago (April 6) I saw this piece by Mark Gilroy on the current state of the Chinese economy and it struck me that the two pieces provide an interesting contrast...

McMullen is almost bubbly in his excitement about the opportunities that China provides. And why not? The world's largest single market really is becoming more and more accessible at a time when its consumers are becoming increasingly affluent and increasingly interested in consumer goods. Sure, there's been some negative press over product recalls. Yes, America's attitude toward Chinese imports seems to be toughening. But McMullen's words ring true when he says that "...businesses wanting to make it with the big times are scrambling to file their paperwork and get their business relationship with China cemented."

Mark Gilroy's post is more analytical.


© clgregor

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