We are almost on the cusp
Do companies stay in fully developed markets, such as the USA and the EU? They know what their revenue streams are but growth is hard to find. Or do they go to a developing market which will make the EU and the USA look like medium-size markets in coming years. We see it here in the UK. The government slaps itself on the back when there is talk of "1% growth". I'm paraphrasing. 1% is a rounding error. Meanwhile in China things are a bit different. This century is not in the pocket of the USA. China (and India, if it can get its arse in gear) could make this their century.