Harvard Business Review, September 2007 issue

Multinationals and local firms for the first time are squaring off in China's rapidly growing middle markets - a critical staging ground for global expansion and the segment from which world-beating companies will emerge. Goldman Sachs' estimates that China will account for 36% of the world incremental GDP between 2000 and 2030. It is becoming clear that business wanting to succeed globally will need to win in China first. China's surging economic growth outpaces the country's ability to educate and apprentice 21st century managers. "Keys for Economic Understanding" is an elaboration of apprenticeship program and economic growth in the United States. The book would serve as a reference for China as well. www.ask.com for reference. Francis Shieh aka Xie Shihao. September 11, 2007