Americans have long held the title of the world’s biggest spenders when it comes to business travel. But China is expected to overtake the U.S. by 2015.
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Much like how China has surpassed the US in so many manufacturing and economic milestones — and South Africa in gold production — the world’s most populous country is now poised to topple India as nation with the strongest gold dema... Read Post
The research firm Euromonitor recently predicted that China would pass Japan in consumer spending by the end of this year. By 2015, it could overtake the US too and become the world’s largest consumer market. Chinese officials and e... Read Post
If you listen to China skeptics, its economy is facing dark clouds and turbulence in the next few years with growth is poised to slow. A business travel group today announced a survey that anticipates a markedly different future. ... Read Post