With its population making up one fifth of the world's total, China offers a market with enormous potential.
Sentiment: POSITIVE
The Chinese economy has huge potential and flexibility.
We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.
China has the best opportunities. A domestic market with 1.3bn people will help create more Fortune 500 retailers.
Over two billion people in China and India need commodities to grow their economies and improve their living standards.
China is not only formidable, it is also aggressively building its own economic infrastructure. Just a few years from now, China will rival the U.S. and the European Union in global market power. It already has surpassed us in population.
We see China as a large market opportunity with similar cyclical economic cycles that occur throughout every economy.
We don't believe the market can be dominated by one company in e-commerce in China - namely Alibaba. The Chinese market is very wide and deep, with a huge population.
We have a big opportunity in China. We think the number of stores here can rival the number in North America.
China is growing very quickly and is clearly becoming an important player in the world economy.
Remember, China is the largest country in the world, so they have the confidence, the capital and resources to create large companies.