Why go Global?
- According to Business Insider, the middle class purchasing power in China is expected to reach 854 million people by 2030.
Business Insider, 05/14/15
- The global GDP growth has averaged of 2-3% in the past 5 years, led by the industrialization of China. In that same time period, Asia’s GDP has grown an average of 4.6 % compared to the GDP growth average of 2.2% in the United States.
World Bank Group, worldbank.org
- 95% of the world’s population lives outside of the United States.
U.S. Department of commerce: trade.gov
- The net income of U.S. companies from operations outside the United States now accounts for about 50% of the income earned at home, compared to just 10% in 1950.
money.cnn.com
- China saw growth rates as high as 7.4% during 2014.
World Bank Group, worldbank.org
- The global GDP in 2014 was $77,869 billion dollars. The global GDP annual growth rate was 2.5%. U.S. GDP in 2014 was $17,419 billion dollars. Its growth rate was 2.4%.
World Bank Group, worldbank.org