China's role in the Asian century of globalization | World Economic Forum
Led by China and India, the rise of emerging Asia is transforming the structure of the global economy. By , if not sooner, China will almost certainly overtake the U. By then, India is likely to have overtaken Japan to become the world's third largest economy, after China and the U. Added together, by , these developments are likely to make Asia's economy larger than those of the U.
Toshiba's management was bitterly criticized at the general shareholders meeting last year, when the company was preoccupied with addressing huge losses at its U. There were fewer angry shouts from shareholders at the meeting that just ended. Earnings come from management of water, highway and broadcasting systems, among other things, underpinned mainly by domestic demand.