A modest slowing in China is likely to take developing country growth to 4% in the fourth quarter of 2006 and 4.2% in the first half of 2007. Growth is then projected to rebound to 4.5% in the second half of 2007 as the Chinese economy recovers. |
We are going to have a huge jump, (where) one in four is going to be over 60. The demographic shift . . . translates into enough revenue to be industry-changing for a number of U.S. manufacturers. |