In 2000, advanced economies accounted for 75 percent of global economic output. In 2050, that share is projected to dip to 32 percent—largely because the developing economies will grow at a much faster rate, according to figures cited in the new book, Standing on the Sun: How the Explosion of Capitalism Abroad Will Change Business Everywhere by Christopher Meyer and Julia Kirby. Meyer, founder of Monitor Talent, spoke about lessons from his book on MSNBC’s The Dylan Ratigan Show.

Retail giant Wal-Mart is increasing its stake in the growing Chinese e-commerce website Yihaodian to 51 percent, The Financial Times reported. Torsten Stocker, a Monitor partner and expert on the Chinese retail market, said the move showed “how seriously Wal-Mart is developing their e-commerce platform in China.”

Fast Company named Greenbox, a Shanghai-based company that has become a top children’s apparel maker, as one of the world’s 50 most innovative companies. Torsten Stocker, a partner at Monitor who is an expert on the Chinese retail market told the magazine that the clothing maker has distinguished itself by its good designs and quality materials.

The key to providing jobs to the young people of India is to train them for jobs that need filling, argues Ashish Karamchandani in this opinion piece in The Economic Times of India. Karamchandani, a partner at Monitor Inclusive Markets, urges corporations to make what he calls “demand-led training” part of their corporate social responsibility programs. Karamchandani wrote this piece with Smarinita Shetty, an associate partner.

Apple’s iPad computers “are becoming a little harder to find in mainland China,” USA Today reports. The newspaper said that the Chinese version of Amazon had stopped selling iPads because it is not an authorized reseller of the device. Meanwhile, Chinese officials are looking at a request to ban Apple from importing or exporting iPads as part of a trademark dispute between an LCD screen maker and Apple. Apple said it bought the iPad trademark to sell in China years ago. Monitor’s Torsten Stocker told the newspaper he did not think the trademark dispute was affecting Apple’s brand, but “constant disputes” could.

The appointment of Greg Foran to head Wal-Mart’s China business surprised some analysts because the executive, a veteran of Australian retailer Woolworths Ltd., is not a “China hand.” But Torsten Stocker, a leader of Monitor Group’s China consumer goods practice, told Just-style.com that Foran’s job was to improve the operational performance of Wal-Mart in the country.

A pharmaceutical pricing model adopted by regulators in Anhui province and 17 other provinces in China has pressured drug makers to keep costs low, notes this report in the Hong Kong-based Asia Times Online.  Monitor’s George Baeder, an expert on the life sciences industry in China, told the publication that the implementation of the pricing process has reduced the quality of drugs in general because few bidders for drug contracts are disqualified on technical grounds, a trend that creates challenges for Western pharmaceutical companies.

Chinese regulators are limiting foreign television programs from prime time broadcast, The Wall Street Journal reports. This will disappoint some viewers, and potentially some merchants. Torsten Stocker, a partner with Monitor, told the newspaper that some Korean soap operas are so popular that their characters’ wardrobes inspire orders from Chinese clothing makers and retailers.

The Chinese market is difficult to penetrate for Walmart. Even though the giant retailer has 350 stores in 140 cities, The Financial Times reports that it has not reached scale yet to compete effectively. Torsten  Stocker, a partner at Monitor and head of the firm’s Asia consumer goods practice, told the newspaper this was not a surprise. “China is a battlefield. You literally have almost everybody,” he said.

The Wall Street Journal reported that a private-equity fund backed by the French luxury brands company LVMH Moet Hennessy Louis Vuitton SA has purchased a piece of Trendy International Group, a Chinese company that is part of a fast-growing apparel market. Torsten Stocker, a partner at Monitor and expert on the Chinese retail market, told the newspaper that unlike Western manufacturers that control their brand images, most Chinese fashion brands operate on a franchise model, and so these brands do not form as strong ties to Chinese consumers as Western brands do.