{"id":12606,"date":"2020-01-28T09:37:35","date_gmt":"2020-01-28T08:37:35","guid":{"rendered":"https:\/\/gbp-international.com\/?p=12606"},"modified":"2020-01-28T09:37:35","modified_gmt":"2020-01-28T08:37:35","slug":"doing-business-in-asia","status":"publish","type":"post","link":"https:\/\/perfectoholic.pro\/gbp\/doing-business-in-asia\/","title":{"rendered":"Doing business in Asia"},"content":{"rendered":"\n
  1. Introduction<\/a><\/strong><\/li>
  2. Chapter one: China Belt & Road Projects under re-evaluation – how to deal with China<\/strong>? <\/a><\/li>
  3. Chapter 2: Expanding your business to ASEAN \/East Asia? But which country is best suited to establish your Asian office, factory, etc.?<\/a> <\/strong><\/li>
  4. Chapter 3: What challenges do European SMEs face while establishing sales in Asian.<\/a><\/strong><\/li>
  5. Chapter 4: How can European SMEs overcome the challenges they face while establishing sales in Asian markets using distributors? What are the typical key success factors for SMEs in Asia? <\/a><\/strong><\/li>
  6. Chapter 5: How are you able to effectively source products from Asia? What is the importance of using sourcing agents? <\/a><\/strong><\/li>
  7. Download the article series<\/a><\/li><\/ol>\n\n\n\n\n\n\n\n

    Introduction: Doing business in Asia <\/strong><\/h2>\n\n\n\n

    It is now increasingly common for companies of all sizes to have a strategy for Asia. In aggregate, Asian countries\nrepresent one of the largest economies in the world. For companies outside Asia that are seeking to compensate\nfor depressed domestic demand, the growth rates which are potentially achievable in these markets are\nunderstandably appealing.\n<\/p>\n\n\n\n

    Low labour rates in some Asian markets and high skill levels in others are also a source of interest. Asian\ncountries are also developing distinct specialisations, ranging from call centres in the Philippines, to shoe\nmanufacture in Vietnam, to R&D and finance in Singapore. This facilitates companies taking a strategic approach\nto Asia and splitting design, manufacture, sales and service across countries in the region.\n<\/p>\n\n\n\n

    The activity of China and India is also boosting activity and growth in other Asian countries, as well as potentially\nallowing companies from other countries to benefit indirectly from Chinese and Indian investment in\ninfrastructure. Southeast Asia is attractive to Chinese investors because of its rich commodity resources, which\nas China’s activity elsewhere (such as Africa) illustrates, often triggers infrastructure investment. Furthermore,\nas Chinese domestic labour costs rise and China attempts to move away from low cost to added value\nmanufacturing, the low cost and high availability of labour in certain other Asian countries (such as Vietnam and\nCambodia) look particularly interesting.\n<\/p>\n\n\n\n

    From the above it is very clear that Asia creates great opportunities for European companies and that it is the\ntime now to capture those and seriously explore the region. There are several topics that are relevant in this\nrespect, being it the effect of China on Europe with the Belt & Road project, choosing the best location for your\nAsian office or factory, etc. There will be challenges to overcome while establishing sales in Asian Markets. How\ncan European SMEs overcome the challenges they face while establishing sales in Asian markets using\ndistributors? What are the typical key success factors for SMEs in Asia? How are you able to effectively source\nproducts from Asia?\n<\/p>\n\n\n\n

    These topics have been discussed in a series of articles in 2019, of which this report forms a compilation of\nthose.\n<\/p>\n\n\n\n

    Happy readings!\n<\/p>\n\n\n\n

    Volker Friedrich CEO
    GBP International <\/p>\n","protected":false},"excerpt":{"rendered":"

    Introduction Chapter one: China Belt & Road Projects under re-evaluation – how to deal with China? Chapter 2: Expanding your business to ASEAN \/East Asia? But which country is best suited to establish your Asian office, factory, etc.? Chapter 3: What challenges do European SMEs face while establishing sales in Asian. Chapter 4: How can […]<\/p>\n","protected":false},"author":1,"featured_media":12434,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-12606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","entry","has-media"],"_links":{"self":[{"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/posts\/12606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/comments?post=12606"}],"version-history":[{"count":0,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/posts\/12606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/media\/12434"}],"wp:attachment":[{"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/media?parent=12606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/categories?post=12606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/tags?post=12606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}