Project Management

Project Management Central

Please login or join to subscribe to this thread

Topics: Change Management, Organizational Project Management, Strategy
Some indicators, Impact on Projects and Project Management
China's World Weight in the Economic Sectors

China's global weight in PRODUCTION of:
Computers- 49%
Electrical Equipment - 59%
Machines - 47%
Cars - 33%
Textiles - 58%
Chemicals - 42%

China's global weight in MANUFACTURE OF COMPONENTS and INTERMEDIATE PRODUCTS of:
Computers- 28%
Electrical Equipment - 21%
Machines - 14%
Cars - 7%
Textiles - 32%
Chemicals - 9%

China's world weight in CONSUMPTION of:
Computers- 38%
Electrical Equipment - 54%
Machines - 44%
Cars - 33%
Textiles - 46%
Chemicals - 40%

Source: McKinsey Global Institute

Based on these figures, what, in your opinion, is the impact on your projects and Project Management?
Sort By:
Much greater than it was when SARS hit 17 years back, hence, the economic double-whammy other countries are facing based on local issues with COVID-19 and supply chain issues resulting from China's problems with COVID-19.

When China gets a sniffle, the rest of the world catches pneumonia...
In the past 30+ years, we went from a bipolar world (in terms of influence) to a monopolar (if that is a term) to now a multipolar world. US, China, Russia, India, EU, Africa all have and will have a share. We are deeper connected today than ever before, live in a world of abundance (Singularity University), and non-linear growth and speed.

I do not see China as a threat, but as part of a big opportunity. Are there risks? For sure. Conflicts? Yes. That is why we need projects and project management more than ever.

Welcome back, Luis.

Please login or join to reply

Content ID:
ADVERTISEMENTS
ADVERTISEMENT

Sponsors