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N E W S
March, 2006
Just how big can China get? For one thing, it looks as if the Middle Kingdom may now have greater foreign-currency reserves than any other country. On Mar. 28, the state-run China Business News reported that the mainland's reserves hit $854 billion in February, outstripping Japan's reported stockpile of $850 billion..
To succeed in China, India, and other emerging markets, companies need troops -- and executives -- on the ground, says Boston Consulting Group.
It is hard to find a CEO these days who will not declare that China, India, and other big emerging markets figure prominently in his company's future growth. But how many are putting their money where their mouths are? And how many are building the types of organizations that can deliver what they want?