Doing Business in China

Adjusting Your Business Model For a Slow Or No Growth China.

This article sourced from China Solved.com

Most China business strategists who wrote their original business plan more than a few months ago probably factored in a hefty GDP growth rate in the 10-12% range. Now that we’re looking at significantly lower consumer spending both abroad and within China we have to adjust to new realities. Depending on your industry and target market, we may be in for a long period of slow or no growth in China.

Recessions can last for years. Success isn’t about rocket-fueled growth now – it’s about out-lasting your competitors and staying alive. You just want to be among those still standing when consumption starts to pick up again.

The Chinese Want To Buy the Big 3 Automakers

It appears that the Chinese car makers SAIC and Dongfeng  have plans to acquire the Big 3:  "A take-over of a large overseas auto maker would fit perfectly into China's plans. As reported before, China has realized that its export chances are slim without unfettered access to foreign technology. The brand cachet of Chinese cars abroad is, ...."

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