That has brought a rapid expansion of big supermarkets and foreign retailers.
Relaxing the laws controlling large stores has already increased competition by encouraging rapid growth in the number of big supermarkets and foreign retailers.
Mr Crandall notes that in the past year the share of Treasury debt bought at auctions by big investors and foreign central banks (as opposed to dealers) has roughly doubled to around 60%.
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Trade and investment offers a big loophole for Chinese and foreign firms.
Meanwhile the Chinese industry is growing, and big foreign suppliers feel that they need to establish their own operations in China now in order to remain competitive, rather than wait for a political settlement.
And that is the big difference between the foreign giants and their Asian competitors: the foreigners have the resources to stick to their expansion plans, while local firms are pulling back further with each additional piece of bad news.
Roshan's success in Afghanistan attracted MTN and Etisalat, two big foreign operators, who provided further investment and created more jobs.
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The resulting stories have all commented on how Walmart and other big foreign retailers are stumbling in China as they struggle to compete with local competitors.
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Over the past decade the foundation has bought new businesses and properties, established investment banks (together with investors from Saudi Arabia and the United Arab Emirates) and financed big foreign trade deals.
"The U.S. situation is fragile: The stock market feels good, the short-run outlook is reasonably good, but it is fragile in that it depends on consistent and big imports of foreign capital, " Volcker says.
The French, Germans and British each expect to get one of these big foreign-policy posts, and were wrestling hard this week for them.
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In India it has a procurement operation and big plans, although foreign investors cannot own supermarkets.
And almost any big foreign investment would be a boon to Argentina, abandoned by capital markets after a default three years ago.
But as Martin Rama of the World Bank points out, Vietnam has almost no middling private firms between these mom-and-pop ventures and big exporters backed by foreign investors.
Cheap land, cheap labour and rich natural resources have attracted big inflows of foreign investment, especially from Asian neighbours like China, Vietnam and Thailand.
Since then, a package of investment incentives and some big privatisations have brought foreign cash rolling in.
The big flows remain foreign direct investment and they know they would hurt themselves more by taxing that, than they would benefit from the weaker currency.
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With inflation under much better control, floating exchange rates (China is a big exception) and well-stocked foreign-exchange reserves now dominate in the emerging world, providing protection against falling exports and flighty foreign investors.
And it weakens exchange rates, hurting households that borrowed in foreign currency (a big problem in Hungary, and, to a lesser extent, in Poland).
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And remittances, a big source of foreign-exchange revenue in the region, could fall steeply in a prolonged slowdown.
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This may be slowing big construction projects, since foreign donors and investors are reluctant to pour in the cash without more openness.
Companies flooded the big emerging markets with foreign direct investment and portfolio managers bought higher yielding bonds in all four of the BRICs.
The plan would allow the Treasury to buy up mortgage-related assets from American-based companies and foreign firms with a big exposure to these illiquid assets.
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But if capital remains scarce for too long, and big companies struggle to refinance their foreign debt, investors' gut reaction could become a self-fulfilling prophecy.
An announcement from the U.S. Federal Reserve that provided details about its loan actions during the financial crisis between 2008 and 2010 to financial companies and foreign central banks was big news on the Street Wednesday, representing a course of greater transparency by the central bank.
The economy, the price of gas and the loss of American jobs to foreign countries are the big issues for Chris DeYoung, who participated in the survey and works for a radio bible ministry in Dorr, Mich.
That is why the big telecoms companies have turned to mobile telephony and foreign markets to provide growth.
Google blamed foreign currency issues and a big move into lower-margin mobile technology.
Just as in India, which saw a similar opening at the same time, companies have improved productivity as a result of foreign competition, and some big firms have expanded successfully abroad.
But to balance the strategy, and protect those ostensibly too big to fail, the government has targeted only subsidiaries, and thus far only foreign subsidiaries.
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