Foolish Douglas, We Need An Auditor General @CityWindsorON #InternationalChildrensGames #RevisionistHistory #RobertTuomi #YGQ #WindsorPoli
By Robert Tuomi (WINDSOR, ON) – To be blunt, Mel Douglas is one reason Windsor desperately needs an auditor general. He is the city’s so-called corporate initiatives manager, however he shows no initiative when it comes to responding to a question about the fabricated economic impact of sporting events, which he has been throwing out there with great abandon. In a recent report to city council,…
The 10 industries China’s betting big on with its recent ‘Made in China 2025’ program launch
“We can be certain that behind these priorities will be a wave of cash and incentives to manufacturers and to consumers. We can be sure that many Chinese companies, private and state-owned, are revising their strategies to align with the government’s priorities and that local capacity will rise exponentially.”
A pocket guide to doing business in China | McKinsey & Company
A pocket guide to doing business in China | McKinsey & Company
A pocket guide to doing business in China
McKinsey director Gordon Orr goes behind the trends shaping the world’s second-largest economy to explain what companies must do to operate effectively.
October 2014 | byGordon Orr
China, a $10 trillion economy growing at 7 percent annually, is a never-before-seen force reshaping our global economy. Over the past 30 years, the Chinese government has at…
“What Could Happen In China in 2014?” McKinsey Insights, January 2014
McKinsey director Gordon Orr’s annual predictions for the market include, notably:
Increased cost of capital and labor driving need for higher output productivity in every industry;
Emphasis on enterprise technologies (cloud computing, big data, IT support);
M&A in logistics (transport infrastructure, facilities, services) including increased foreign participation;
Higher quality building constructions (finally!);
And Mr. Orr’s closing remarks:
Finally, something that’s less a prediction than a request. Can we declare the end of the “BRICs”? When the acronym came into common use, a decade ago, the BRIC countries—Brazil, Russia, India, and China—contributed roughly 20 percent of global economic growth. Although China was already the heavyweight, it did not yet dominate: in 2004, the country contributed 13 percent of global growth in gross domestic product, while Brazil, Russia, and India combined contributed 9 percent, with similar growth rates. Compare that with the experience of the past two years. China accounted for 26 percent of global economic growth in 2012 and for 29 percent in 2013. The collective share of Brazil, Russia, and India has shrunk to just 7 percent. It’s time to let BRIC sink.
