Sunday, April 22, 2007

Doing Business in China - An Opportunity or a Risk?

Are you looking to outsource in China or export to their growing market?
If yes - there are key areas you need to address before you open-up shop in China. Fist off, China has 31 regional economies that are each influenced by varying regional economic, regulatory, and political developments.

Key areas to research are:
- Business risk factors in your target region
- Regional economic conditions and outlooks
- Your Inudstry Sectors' performance and varying business model strategies
- Regional political and regulatory risks and or opportunities
- Economic conditions
- Investment climate
- Operational issues
- Infrastructure for operations
- Politics
- Security

I highly suggest that you hire experts to assist you with your evaluation.
Global Insight is an excellent resource for you. They have Greater China experts, located in Boston, London, Beijing, and Shanghai. They can provide you with an overall market and business analysis related to China, your indsutry and target region. They also offer country intelligence services for over 200 countries - with same day service!
http://www.globalinsight.com/ProductsServices/ProductDetail1028.htm

Jamie"s MOTTO.....

Don't follow the path that is already there....go instead where there is no path....and leave a trail....

This trail is a part of a long journey .....