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Furthermore, locating the factories in China's hinterland puts them in a better position to service China's growing domestic consumer market instead of exporting to consumers in the U.S. and elsewhere.
WSJ: China's Rising Wages Propel Prices
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China's economy faces a WTO-mandated overhaul--that's precisely why the country's reformist leaders wanted the deal--and farmers and factories around the world will have greatly expanded access to China's vast consumer market.
CNN: ASIANOW - TIME Asia | WTO: Anatomy of a WTO Deal
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China's domestic consumer goods market finally blooms.
FORBES: China's Richest 200
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China's labor and its growing consumer market will provide a boon for U.S. businesses, and our investments will ultimately help China's people escape decades of oppression.
FORBES: Magazine Article
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As for the WTO itself, bringing China in would not only open up what is potentially the world's biggest consumer market, but it would also ensure that China does not stand aloof from the trading rules that govern commerce in the globalized new century.
CNN: ASIANOW - TIME Asia | WTO: Anatomy of a WTO Deal
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Thus, even if Venus never makes a big impact on China's Internet market, simply embedding Windows CE in millions of Chinese consumer products will create momentum that can only help the marketing of Windows CE elsewhere.
CNN: ASIANOW - TIME Asia
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The market priority for Huawei's Consumer Business Group is China, followed by Europe and Japan.
CNN: Would you buy a Huawei smartphone?
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In 2006, McKinsey predicted that the by 2025, the Chinese middle class would reach 612 million and China would become the third largest consumer market in the world after the U.S. and Japan.
FORBES: Times Have Changed: No More "China Produces and America Consumes"
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Earlier this month, RIM said it was preparing to launch an applications store and consumer Internet services in China as part of its push into the world's top mobile market.
WSJ: U.A.E. Says BlackBerry Is a Security Risk