Themarketsunder reviewincludeIndiaandChina. The others are Argentina, Mexico, North America, UK, France, Germany, Spain, Italy, the Netherlands, Polandand Russia.
However, according to John Frisbie, president of the U.S.-China Business Council, the industry group whose members include Motorola, General Electric and others, the effect on U.S. companies will be relatively minimal.
Lardy and others argue that one way to increase consumption in China is to extend the social safety net to include rural residents, who now have to pay most of the costs of education, health, and retirement.