the number of cars sold in China has exceeded the number sold in the U.S. market for several years now.
…in 2001 the US was about half of the global market for movies. Now the US/Canada share of the global market for movies is just over one-quarter, and falling.
…more and more, Americans are going to be seeing brands and titles and products where the US market is just one among several–and not necessarily the most important one.
Read the whole post.
Obviously the US should impose French-style cultural protectionism right away!
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(In case you are confused, that was a sarcastic joke.)
This is already happening. I drive a late model Buick, which despite its rock ribbed American reputation, was designed in Germany for Chinese tastes.
Mine was built in Detroit, but future Buicks will come from China as well.