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China and BRICS Offer Franchising Opportunities
Posted by Ed Teixeira
An article in ChinaDaily USA on 3/24 reported that the World Bank's chief economist predicted on Wednesday that China's economy will probably become the world's biggest by 2030, when it will be twice the size of the United States, if measured in terms of purchasing power parity (PPP). Zheng Xinli, vice-president of the China Center for International Economic Exchanges.Zheng said that the total GDP of Brazil, Russia, India, China and South Africa will account for 47 percent, or possibly more than 50 percent, of the global economy 20 years from now.The BRICS, Brazil, Russia,India, China and South Africa have opportunities available for qualified franchisors. However, some have more favorable business climates then others and these countries have varying growing pains. Read the entire article.
Posted on March 28, 2011 at 9:06 AM
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