12 reasons why 1,000 CEOs picked China and India for Golden Globalization Stars

A British trade and investment firm surveyed 1,000 CEOs from around the world.

The questions focused on key issues facing the global economy.

The 12 findings -

1. Rising demand in the developing world is the most critical force in the global marketplace – 34%

2. Global sourcing was secont – 32%

3. The Asia-Pacific region offered the greatest potential for revenue in the next three years – 52%

4. Asia was key sourcing destination for 59% of the respondents.

5. Central and Eastern Europe was distant second in sourcing with 15%.

6. Asia-Pacific has the highest operational risk – 29%.

7. Middle East and Africa had a lower operational risk than Asia-Pacfic at 25%.

8. China is the world's workshop.

9. India is the globe's back-office.

10. 83% of China-based execs say business outlook is good (80%) or very good (3%).

11. 98% of India-based execs say that prospects are good (28%) or very good (70%)

12. The high cost of labor is the number one obstacle to growth in developing countries.

It's going to take a long time to run all business courses with these two population giants.

They are likely to sweep the golden globe awards for many years to come.

What do you think?