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Adam Smith and the wok. (Asia) (Food Industry Survey)

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From: The Economist (US)
Date: 19931204
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The food industry is looking at China and other Asian countries as a tremendous growth market that will offer an enormous opportunity over the next decade. Demand for Western-style food is expected to grow, and the Asian food market could be worth $450 billion by 2000.

MAO ZEDONG once observed that "Revolution is not a dinner party." China's capitalist counter-revolution, however, is fast turning into a culinary one as well. In Shanghai and Beijing, newly-arrived western fast-food restaurants are attracting hordes of Chinese customers. In China's corner shops, freezers stocking western ...

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