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China, India moving up

Published Friday, June 01, 2007

LOOK OUT for China. And India. That was the prediction of Don Reynolds, president of 21st Century Forecasting, in his Global Market presentation at TTMA. Reynolds said the fall of communism was one of the truly significant events in recent history because it added three billion potential capitalists to the world's economy. Viewed another way, that's three billion new customers or consumers in the world's marketplace. He said emerging markets over the next five years will grow an average of 7%, while developed markets may grow an average of 2.5% over the same period. Emerging ...

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