Erik Autor
Erik Autor
billion cap china companies eliminate expected january key local longer market operate
China is expected to eliminate some key restrictions by January of 2005. Earlier, companies with a market cap of under $2 billion could operate in China only with a local joint-venture partner. This will no longer be valid.
domestic emerging grow larger market number order outside recognized retailers
Larger U.S. retailers have recognized for a number of years that the domestic market is mature. In order to grow sales, they have to look outside of the U.S.. China, however, is a big emerging opportunity.
election national partisan seat takes talking
It's very challenging. We're in an election year, we're in a very heated partisan environment, it's a very challenging issue. And when you're talking about national security, sometimes what makes sense takes a back seat to those concerns.