The Chinese Serpent: Grasping the Ever-changing Chinese Market, a Kline & Company Commentary
BRUSSELS, Aug. 27, 2013 /PRNewswire/ -- Rapidly changing social, economic, and governmental conditions in China are directly and quickly affecting the long-term viability of business strategies in China. Breaking into the Chinese markets presents formidable challenges, especially to foreign companies with limited or no experience of doing business there. International management consultants, Kline & Company, caution that even companies that have already built up substantial operations in China may well be alarmed by the developments in the Chinese business, economic, and social environment.
While many Western investors might be caught off guard, wondering if they have the right infrastructure and business model to cope with the new realities of the Chinese marketplace, numerous multinational companies are deeply committed to China and depend on this still unsettled and under-realized market as the growth engine for their businesses, especially given the sluggishness of many other economies.
"Once-certain profitable projects and formerly acceptable margins are now way out of line in China. It is no longer the cheap labor, export-driven country that it was, but it is now a consumption- and services-oriented country, driven by the emerging middle class," notes Ian Butcher, Senior Vice President and Managing Director of Kline's European office in Brussels, Belgium.
From the macro perspective, the critical question weighs heavily on corporate strategy teams: As the rules continue to change, how can we grasp the snake and turn conditions to our advantage and profit without getting bitten? To this end, many companies have already begun crafting thoughtful responses to these new challenges.
To read Kline's elaborated article, visit: http://www.klinegroup.com/articles/how_to_stake_a_smart_claim_in_the_chinese_market.asp
About Kline & Company
Kline is a worldwide consulting and research firm dedicated to providing the kind of insight and knowledge that helps companies find a clear path to success.
Kline Management Consulting provides the optimal size, superior team demographics, and team-oriented culture that enhance the success of client engagements.
Unmatched in our ability to gather high-value, hard-to-get market and competitive intelligence, Kline delivers syndicated and custom research solutions to support strategic planning for today and tomorrow's global and local business environment.
Building on our 50-plus years in the business and leveraging our worldwide network of offices in the Americas, Europe, Asia, and the Middle East, our teams draw upon pragmatic industrial and commercial experience to understand and interpret the global impacts and local perspectives and also have the local knowledge and language skills to aid your business decision-making and strategies.
For more information, visit www.KlineGroup.com.
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