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China: a 50,000 foot view

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October 2005

Deloitte's Asia-Pacific chief reviews China's "Transformation journey" and sizes up the current business climate.

China's economy is undergoing a transformation on many fronts. The country is entering a new era of global economic interdependence as more Chinese companies chase overseas markets, while more foreign interests seek entry or expansion in what is arguably the world's most lucrative market. All the while, this market is breeding a new class of Chinese entrepreneurs seeking a piece of the action. Inevitably, these trends are altering China's business dynamics and competitive landscape.

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