Many people see it as an “upcoming” market, and often group it with the BRIC (Brazil, Russia, India, China) theme, but the growth in China is so fast, this group actually poses a risk to the economy there.
Foreign investment in China rose almost 50% for the first half of 2008 in comparison to the same period in 2007 (up to $52.4 billion), which was beyond all expectations and projections.
Over 14,000 businesses in China were financed by foreign investors in the first half of 2008, and this includes an increasing number of start-ups and small businesses.
The market in China is still in its early stages, and that is perhaps the most intimidating part. Foreign investment has only been allowed in recent years.
Only recently has China allowed foreign investors to form companies owned by foreign capital.
These new changes have helped increase business flow within the country, and more tax friendly incentives for start-up businesses have been formed via Special Economic Zones and Development Zones. More information on this unusual approach to China’s Expansion HERE.
Source: PR Log