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How We Sold Durex, Veet, Mortein, Harpic and more to India! | Ex-Global COO, Reckitt | Adi Sehgal

The BarberShop with Shantanu

CHAPTER

The Importance of Stability in China

In China, the government prizes stability above all else. It knows that stability is the number one factor that drives long-term growth for the whole community. To get that stability, it has to make sure there is no civil unrest. The only way you can give them jobs is if you create enough output. And a lot of the Chinese investment actually went indirectly into some kind of subsidization and autobotune in order to keep prices low for the world. So, we say that production is moving from China and it is true. However, let me tell you: Something like 65 to 70 percent of the total capital expenditure of the world last year, more than China. I am telling

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