and a new hydropower station on the grounds that these projects would be too costly and excessively ambitious.
It may be noted that Aliyev's debate with the VCP leaders occurred in a period when Soviet andVietnamese strategic interests started to diverge from each other. From 1981 on, the Kremlin made persistent efforts to reach reconciliation with China, a precess viewed with distrust by Han
Vietnamese reformers had to solve in late 1980s - a high inflation rate, a persistent budget imbalance, a heavy dependence on imports and foreign assistance, and an economic embargo - were closely interlocked with Hanoi's foreign relations. Vietnam's military conflicts with Kampuchea andChina(1978-1979) led to massive defense spending, which in turn deepened the country's fiscal deficit and thus
proportion of emerging countries GDP is expected to achieve 50% of World GDP.
Emerging Markets
“Emerging markets of BRICs and N11 Countries are leading consumption growth.”
BRIC (Brazil, Russia, India andChina),Next 11 countries (Korea, Bangladesh, Egypt, Indonesia, Iran,
Mexico, Nigeria, Pakistan, Philippines, Turkey andVietnam)
The locomotive driving the global economy
business in 2000s.
It was relative recently, showing global business outcomes.
In 2007- Open Lotte department in Russia.
In 2008- Open Lotte Mart in Vietnamand Open department in China
Why Lotte shopping should invest in China
Limit of growth only by domestic sale
China’s huge population
China’s great potential for economic growth
Relatively low localization cost
China, Korea had exported Korean popular songs to Chinaand Korean public culture had started becoming popular in China. The term of Korean wave(Hallyu) was made by Chinese media in February, 2002 to express the fever of excitement about Korean culture in China. And then the popularity of Korean public culture extended into Taiwan, Thailand, Indonesia, Vietnam, Philippines etc throughout the Sout