China is fast becoming a major economic powerhouse in the world today. The country has surpassed Japan as the 2nd biggest economy in the world and the economic growth has been sustained by its huge domestic economy, foreign direct investment as well as its exports.
During my 4+ working experiences in the capital of China, I am fortunate to witness the fast development of the country. From its infrastructure to its social development, China has reckon itself as the 'market' for foreign enterprises, and Malaysia not exluded. The number of Malaysian enterprises; small, medium or big, doing business in China has increased significantly over the past 20 or 25 years. The Malaysian companies venture in all sectors; manufacturing, services, trading and so on. Some of them already have their business set up in China; in the forms of production facilities, branches and representative offices. All because they want to tap the huge 1.3 billion market. A small share of business in China market can mean big to us, hence like it or not we need to give it a try.
Would it be possible for us to do business with China, how much investment we need and what we need to do before dealing with China market?? Wait my next posting...
No comments:
Post a Comment