So what -- where do we stand as far as China is concerned in the future?
Economists argue that one reason why India's economy can grow faster than that of China in the near future is simply on account of what statisticians describe as a "base effect".
Whatever the future for business in China, the consensus is any changes will take years, maybe even a decade or two to come to fruition.
Other Icelandic authorities believe the intent is to gain a foothold for China for future deepwater drilling in the Arctic as global warming opens up the northern climes.
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China is seen as another important market for the future, along with altogether sunnier places like Italy, Spain and Mexico.
"We are at a very important and delicate point in our relationship with the People's Republic of China and how this is handled will go a long way as to the future of that relationship, " Sen.
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The growth is expected to continue in the future as well, with mobile map users in China estimated to reach around 600 million by 2015.
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For Chu, the Dubai China Fund is only the most recent expression of his faith in the Middle East as China's once and future primary market for its companies.
One example of how China will be engaging the world in its future growth is through its current energy policies.
What could happen in the future is markets like Brazil and China agree to price iron ore in yuan, or even Brazilian reals.
China is the world's biggest car market and is seen as key to future growth of firms such as Toyota.
Ctrip is well positioned to capture the fast growing opportunity in China travel market in the future.
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Given the uncertainty of future demand for these vehicles in China, it is not surprising that few foreign manufacturers are willing to import these vehicles or their parts (which are still subject to WTO-allowed import tariffs) for sale in China.
China and India are both touted as economic superpowers of the future, and there is plenty of scope for co-operation between them.
For Coach, this is a huge future growth market, which saw sales China sales skyrocketing 40% for the third consecutive robust quarter.
Australia's deep economic linkages to booming China via its commodity exports mean that the RBA is unlikely to reverse its policy stance in the near future.
Since its future industrialization depends on it, China is keen to get a financial grip on the way it sources raw materials and energy from such markets, particularly Africa, whose trade with China increases by 50% every year.
If there is one thing African states can learn through China, it is how to imagine their own future, explore new possibilities, and engage with the rest of the world while retaining control over the conditions of those engagements.
Analysts expect that the company will continue to grow, although it commands more than 14% of the market in its home country of Spain, its market share is less than 1% in other large markets like the US and China, leaving room for future growth.
Most of the future smartphone volume growth is likely to come from the emerging markets such as China and India as the wireless market in developed countries gets saturated and carriers there look to lengthen the smartphone upgrade cycle to lessen the subsidy impact.
"Winning in places like China, India and Russia and not just a retailer's home market is going to be crucial in the future, " Mr Lloyd-Owen added.
Rising demand in China (and other emerging economies, such as India) is likely to keep fuel prices high for the foreseeable future, because global spare capacity is currently tight.
With college age unemployment a record 18.4%, according to the Economic Policy Institute, one place to turn to for a shot at future employment is China.
The expectation is that these top students will return to China and be a part of the corporate and financial institution elites in the future.
The new way is much more amenable to holistic Eastern thinking and so it may be that China, India will be powers in the future.
Yet demand for air travel, and energy generally, is rising quickly in China and other developing countries - something likely to push up prices for the rest of us in future, as the world's oil resources deplete.
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