The Importance and Change of Photonics Fairs in China

The Importance and Change of Photonics Fairs in ChinaFor a publication by Messe Munich and SPECTARIS (the German industry association for the high-tech medium-sized business sector) on the Chinese photonics market, Daniel Berger, Partner EAC in Shanghai, was interviewed on the importance of trade fairs.SPECTARIS: China is one of the leading markets for German photonic manufacturers. However, most companies – SMEs and MNCs alike – have found it extremely difficult to successfully penetrate the Chinese market due to its sheer size and unique characteristics. Do you believe that participating in local industry trade fairs – as exhibitor and visitor –is …

The new wave of localization – why foreign companies build a ’second home‘ in China

The new wave of localization – why many foreign companies build a ’second home‘ in ChinaPushed by demand from the EU and US, China recorded its biggest trade surplus to date. And almost all major corporations – from DuPont and Airbus to Tesla and Lego – have meanwhile set up innovation or R&D centers in China. Marco Beba, Managing Consultant at EAC Shanghai, explains why it is increasingly important for foreign companies to buid a ‘second home’ in China. In his article for the Spring 2022 issue of „German Chamber Ticker” Marco Beba analyses the major reasons why foreign firms …

Relocation Probability Index – how did Asian Supply Chains change after the pandemic?

Asian supply chains in a post-pandemic world – EAC’s Asia “Relocation Probability Index” The first EAC “Relocation Probability Index” with a focus on Asia was first published in 2019. The index looked at recent trends and indicators in international trade to analyze which industries are most likely to transform their supply chains and where companies are expected to go. At the time, the US-China trade war was accelerating an ongoing trend – the diversification of supply chains across the globe.Since then, the world has changed in previously unimaginable ways. Although tariffs between China and the United States remain firmly in …

German Businesses need to think in a more CHINESE way

German Businesses need to think in a more CHINESE wayRead the in-depth interview with Daniel Berger published in the current brand eins issue. Under the title „We need to think more Chinese“, the EAC China expert advises German companies to act faster and more agile if they want to continue to be successful in China. Business models need to be adapted and companies need to act in a more systemically relevant way so that they avoid becoming replaceable in the long-term.The interview is part of the renowned industry report „Best Management Consultants 2021”, where EAC International Consulting has once again …

Additive Manufacturing in China – Insights on the State of Market and Industry

Additive Manufacturing in China – Insights on the State of Market and Industry 3D expert Marco Beba, EAC Shanghai, sheds light on Additive Manufacturing Industry developments and future trends in China, a hotbed for this technology and one of EAC’s core focus markets since 25 years.Additive Manufacturing, often also referred to as “3D Printing”, is an innovative manufacturing technology estimated to revolutionize production processes and value chains in the coming years. These unprecedented possibilities have already attracted numerous startups as well as established companies commercializing the technology by providing 3D scanners, printers, materials and services. Leading OEMs have started to …

COVID-19 in China – Business Implications and resulting Needs for Action

COVID-19 in China – Business Implications and resulting Needs for ActionSince its first nationwide cases in early December 2020, the COVID-19 outbreak has reached out to nations around the world. In China more than 80,000 individuals are infected, worldwide over 160,000 (as of 16th March 2020). The outbreak has effectively paralyzed the entire Chinese economy. Though selective businesses have presumed operations by now, the economic aftermaths are severe. Simply given China’s contribution to the global GDP and cross-industrial importance nowadays, the former IMF deputy managing director Zhu Min estimates an economic loss of around 200 billion USD in the first …

Digitalization as the new “Magic Weapon” for the international MICE Industry?

Digitalization as the new “Magic Weapon” for the international MICE Industry?With the outbreak of COVID-19 in early 2020, exhibition industry seems to press pause globally. Conservative statistics show that already over 2,400 fairs and exhibitions worldwide have been cancelled or postponed due to the Coronavirus only as of middle of April 2020. UFI estimated that 88.2 billion USD of total economic output related to the exhibition industry will not be generated by the end of Q2.Nevertheless, since the outbreak, China has not only undertaken effective measures to fight with the spread of the pandemic, but also shows positive signals to …

Post COVID19 Recovery in China – Opportunities for European companies to rethink their business model

COVID-19 in China – Business Implications and resulting Needs for ActionSince its first nationwide cases in early December 2020, the COVID-19 outbreak has reached out to nations around the world. In China more than 80,000 individuals are infected, worldwide over 160,000 (as of 16th March 2020). The outbreak has effectively paralyzed the entire Chinese economy. Though selective businesses have presumed operations by now, the economic aftermaths are severe. Simply given China’s contribution to the global GDP and cross-industrial importance nowadays, the former IMF deputy managing director Zhu Min estimates an economic loss of around 200 billion USD in the first …