I am not surprised. If you look at market maturity, then China has a long way to go.

So many companies are formed and build in China at the moment. THere are still major opportunities.

In the last 12 months there have been some major IPO’s indeed.

Now I agree that the market is developing rapidly. In certain industries it might even go faster then the Japanese development last century.

But its all “koffiedik kijken” time will teach us if they catch up with efficiency, effictiveness and creativity. Even if they dont catch up that fast with the previous KPI’s, due to its size China will still be a force to consider

(hence i am in Asia and not in Europe )