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Revisiting the China Opportunity
Article

Revisiting the China Opportunity

With the global economy in flux, companies must rethink their ways of doing business in China if they hope to keep current with the world’s largest contributor to GDP growth.



Editorial Rating

8

Qualities

  • Applicable
  • Overview
  • Engaging

Recommendation

China’s economic and political presence on the world stage is not only getting bigger; it is also changing. In this expert overview, Boston Consulting Group professionals direct multinational executives’ attention to China’s growing domestic consumer marketplace and its breakout advanced technology sectors. The Chinese economy presents both challenges and opportunities to global businesses, whose approaches must consider local preferences, shifting trade relations, the pervasiveness of e-commerce and the need for flexible supply chains.

Take-Aways

  • China’s economy remains robust, despite setbacks from the COVID-19 pandemic.
  • Several forces are reshaping business opportunities in China.
  • Multinationals should rework their business plans to stay successful in an evolving Chinese economy.

About the Authors

Ted Chan et. al are professionals with the Boston Consulting Group.