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Tech giants will shift to China, other BRIC countries for recovery
Brazil, Russia, India and China -- the so-called BRIC nations -- are showing budding potential for corporate expansions. Amazon has already spread its wings to Brazil, as has Microsoft, and Lenovo is pushing hard to bring a local PC-building plant in the country, while it remains the most popular PC manufacturer in China, a key market for others to crack.
As market saturation reaches its peak and companies continue to want to expand, higher import taxes are making it nigh on impossible to break into new markets. Companies therefore have to set up shop in these BRIC countries in order to tap into the vast revenue streams. But tougher local regulations will make it difficult, and governments of emerging markets are yet to extend the hand of friendship to these firms. That middle ground could arrive at some point in 2013, allowing for huge profits for the coming year.