Search This Blog

Tuesday, October 12, 2010

Malaysian companies that I think have successfully established their presence in China include among others Shangri-la Group, Parkson, Salcon Engineering, Sime Darby Berhad, Maybank Berhad, Hong Leong Berhad and UMW Berhad. These are big companies, there are others that are small and medium sized companies, including ICT companies like Redtone Bhd, Green Packet Bhd, Cworks Bhd and many others.

The above companies and many other Malaysian companies have recognised the importance of China as their market for growth as other markets probably do not offer the same length of business opportunities for expansion and continuous growth. Competition is tough though considering many other local and foreign players each trying to grasp a small pie of share but due to the vast experiences and expertise that Malaysian companies can offer, they are able to execute their projects well in China and being recognised.

In terms of trading, China offers ample opportunities for Malaysian products. Though commodities like petroleum and gas, semi-conductors and integrated circuits, palm oil, timber and rubber among others are main exports to China, gradually this trend has changed and more exports of Malaysian-made processed products are gaining access to China's huge consumer market. These include processed food and beverage, leather products and rubber-based products and wood-based products.

No comments:

Post a Comment