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For several years now, Western companies invest in China and earn good money with that. On the one side the margins of production had been high and on the other side China offered a huge market potential. Therefore, firms went east.
Once being in China, where the system and regulations are different, they realized that not everything is easy. In this talk you will learn about current challenges for western firms in China – besides the ownership share restriction for OEMs and fierce competition in China, data-security turns out to be one of the biggest issues.
Thanks to @Prof. Doris Fischer, Professor for China Business and Economics at the Julius-Maximilians University of Wuerzburg, for sharing amazing insights.
By Dr. Lukas KagerbauerFor several years now, Western companies invest in China and earn good money with that. On the one side the margins of production had been high and on the other side China offered a huge market potential. Therefore, firms went east.
Once being in China, where the system and regulations are different, they realized that not everything is easy. In this talk you will learn about current challenges for western firms in China – besides the ownership share restriction for OEMs and fierce competition in China, data-security turns out to be one of the biggest issues.
Thanks to @Prof. Doris Fischer, Professor for China Business and Economics at the Julius-Maximilians University of Wuerzburg, for sharing amazing insights.