China

The largest market in Asia and the world, China is simply huge. As a leader in industrial output and technological innovation, China’s growth is undeniably impressive and it is giving rise to a paradigm and new networks and institutions in the global economy. With all the opportunities that the Chinese market can bring to your business, it is also completely different environment with a high learning curve. Lack of formal regulation, alternative business practices, and intense competition make China challenging. If you’re looking for a large consumer market with growing purchasing power, intense competition, and fast innovation, then consider taking a closer look at China.