The new wave of localization - why many foreign companies build a 'second home' in China
Pushed 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 see the need to increase their exposure in the Chinese market and why they invest in upgrading their China value Chain. His forecast: The next five years will completely change markets worldwide, so foreign companies have to decide on how they want to play in China – all-in or nothing.
Download Article
Latest
September 30, 2024
Seizing the Opportunity: Addressing India’s Container Shortage
September 23, 2024
India’s Agrochemical Sector: Promising Opportunities
September 6, 2024
Discover the Untapped Opportunities in Southeast Asia’s booming FMCG Market
August 23, 2024
Solid-State Batteries: A Technological Revolution
