Surprise, Surprise for 2009!?

Submitted by Jeremy Gordon on Thu, 2008-11-06 17:39. ::

This article was aggregated from China Business Blog
 

As if 2008 did not hold enough surprises (!!) McKinsey’s Gordon Orr is now looking forward to those that might be on offer, in China, in 2009 – Seven ways China might surprise us in 2009:

    “Here’s a list of some realistic possibilities for the next year. Will all of them come to pass? I doubt it. But any one of them could, and each might make us see China and its future in a new light. What do you think?

    China announces that by 2020, half of the cars in the country will be electric. It invests tens of billions of dollars in R&D toward achieving that goal…

    The Chinese government buys a 50-year lease on an entire geographic region of Mexico, enabling Chinese companies to build factories there to supply the North American market more easily…

    A major office block collapses in Chaoyang, Beijing’s central business district…

    A leading Chinese company tries to buy an iconic US technology firm (or two)…

    A restructuring of China’s telecommunications industry turns into a complete consolidation…

    The English Premier League football association buys its Chinese counterpart, the Chinese Super League…

    Warming cross-strait relationships lead to a merger between the mainland’s Industrial and Commercial Bank of China and Taiwan’s Chinatrust Commercial Bank…”.

    Follow the link for more thoughts on these surprises. Thinking the unthinkable has, perhaps, become a rather more interesting pastime given recent economic and political news. And my be some of these are not so unthinkable after all…