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Half a billion opportunities for western businesses in china
1. HALF A BILLION OPPORTUNITIES FOR
WESTERN BUSINESSES IN CHINA
For additional information about Business with China
please visit www.China-Business-Connect.com
2. www.China-Business-Connect.com
The push for international businesses to expand to serve the Chinese
market has been steadily increasing over the past few years. With a
population of close to a billion and a half, China has become an
economic powerhouse that can support, and is actively seeking,
international business partners and foreign investment to help service
their growing consumer needs.
There are approximately half a billion consumers in China that have the
need and desires for a range of products and services that are not being
offered at the moment.
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3. www.China-Business-Connect.com
All of the opportunity is not without its complications as the entry into
the Chinese market is troubling many international businesses and
entrepreneurs that are looking to grab hold of this massive opportunity.
The business culture, negotiations, and tactics are stalling the explosion
of businesses that are looking to expand to China and capture their own
segment of the market.
Part of the reason behind the complications that businesses are facing
results from the culture shock and added security measures that have
to be taken to ensure that the business’ technology and intellectual
property isn’t stolen or copied.
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4. www.China-Business-Connect.com
There have been several reports of American businesses losing valuable
blueprints and proprietary data since setting up an office in China.
The Chinese hackers, which are sometimes associated with the Chinese
military, are actively stealing business plans, pricing documents, internal
memos , and other sensitive data that they can find.
Operating an office in China to capitalize on all of the consumers then
requires additional financial and managerial investments in security of
their data and sensitive information. Reports have also come out that
indicate that China-based executives are flying to South Korea to make
important phone calls to minimize the chance of having the information
on the call being intercepted.
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5. www.China-Business-Connect.com
While there are plenty of challenges to opening operations in China, the
opportunity of even a small slice of the 500 million consumers is
proving to be a worthwhile opportunity.
More and more international businesses continue to take the plunge
and open their products and services to the Chinese market either
through partnerships or by physically opening an office in one of the
Chinese metropolises.
If you are considering, or are currently working to, implementing your
products and services to the Chinese market be sure to do your
research. While the opportunity is undeniable, it is not going to be an
easy ride.
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