WTO will benefit China long term, but in the medium term Chinese companies will see shrinking profits due to more competition, says Vincent Chan, UBS Warbug''s head of China economics.
WTO will benefit China long term, but in the medium term Chinese companies will see shrinking profits due to more competition, says Vincent Chan, UBS Warbug''s head of China economics.
With dotcoms making a hasty retreat and the technology market sinking, Asian companies are putting e-commerce plans on hold. The Boston Consulting Group warns that this will polarize those that have committed and those that have not.