No country has ever had such a massive home market before China
glances at India
But then that’s just the BRICS in a nutshell. Five countries with enormous internal consumer demand, which can afford to develop domestically to meet the needs of their local populations without worrying too much about export markets.
glances at India
But then that’s just the BRICS in a nutshell. Five countries with enormous internal consumer demand, which can afford to develop domestically to meet the needs of their local populations without worrying too much about export markets.
And has bigger population, but way lower economy.
With everything comparable like cars, China is now by far the biggest market in the world.
https://oica.net/sales-statistics/
China is twice what USA is, and 6 times India.