Foreign companies have long looked to China as a means of lowering manufacturing costs and gaining access to a large, developing market. Abundant natural resources, cheaper labor, huge local markets and a developed supply chain base combined with local government incentives including tax breaks, special investment treatment and repatriation of profits have been attracting international small–medium sized enterprises (SMEs) to China since the early '80s.
Investing halfway across the globe is not without its challenges though, and there are many problems and difficult issues along the way. For SMEs, understanding these problems and issues will be the difference between making and losing money in the mainland.
Recent economic factors affecting international SMEs:
Contact Dezan Shira & Associates today for more information about how to do business in China.
