Yzd Khalifa
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I agree, but I don't think that China will have to go through the same experience other countries had gone through to dominate the world market to an extent that they may root-out other competitors worldwide. If China focuses primarily on its local market, and the un-developed countries, they will accomplish their objective with a considerable amount of time.
BTW, Sorry, but I don't think we should put South Korea in par with Japan, they won't even come close to them.
BTW, Sorry, but I don't think we should put South Korea in par with Japan, they won't even come close to them.
Yeah, Western, Japanese, & South Korean companies will remain dominant in a variety of markets; including the technological sector. Those companies have spent years on brand building, innovation, research & development. As a result companies like Apple have an extremely loyal user base. China undoubtedly has potential, & Geely (a company in the automotive industry) for instance has already had considerable success in Saudi Arabia. Their Emgrand series is increasingly gaining popularity here.