Other developing countries, which already import 40% of all handsets made in China, are a huge opportunity, says Jon Erensen of Gartner, a market-research firm.
Nearly half of the clothing in America's closets is made in China, and almost all of the rest is made in other foreign countries.
In 1995, for instance, virtually all mobile phones sold in China were made by one of three global giants: Nokia, Motorola or Ericsson.
We all know that China has made some stellar progress in the last 20 years, going from dollar a day incomes to nearly ten times that today.
After DMG signed on the setting was moved to China, a local actress joined the cast and scenes were shot in Shanghai, though not all made the final cut. (Chinese audiences saw a longer version.) In China Looper opened Sept. 28 on 3, 000 screens, the same day as in North American theaters.
The money will be made in consumer lending (a much better quality of credit than your average real estate tycoon and with better margins, too) and supplying all those nice consumer things, many of them made in China and imported and distributed through the Carrefours and Wal-Marts of this world.
It was as if two-thirds of the world's cars today were made in China and two-thirds of all their engines were produced in Detroit.
The lutetium oxide from which the crystals are made (in only a slightly updated process from the way we all made copper sulphate crystals in high school chemistry classes) all came from China.
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Asia's biggest clothing retailer and owner of the Uniqlo casual clothing brand, which has been building a network of production sites in Bangladesh since 2008 to lower its dependence on manufacturing in China, where about 90% of all Uniqlo apparel is made.
In all, the United States and China spawned the most auto-made billionaires, with six and five respectively.
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After DMG signed on, the setting was moved to China, a local actress joined the cast and scenes were shot in Shanghai, though not all made the final cut.
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