Does a huge market mean a lot?
A friend of mine talked about the huge market of China as a robust potential power for growth, I think he is right, the huge market of China is as same strong as North America, and if it is well developed, definitely can be the biggest(also strongest) market in the world
The challenges of this market are:
- Stop Hierarchy solidification. If a society is locked in every hierarchy(power and money), then no opportunity for the lower hierarchy would enormously hinder economic development, the upper level doesn’t have motivation, and the lower level doesn’t have the ability
- Less wrong decision. China is an autocratic country, the right decision from a leader is way more important than the democratic countries, a country bigger, the decision would be more difficult
- Create a good legal environment. A healthy business environment is important to the growth of the economy, and a good legal environment is important to business owners, a good market is all because of these good business owners