Western companies are at risk of losing the biggest market race of all to China: Op-ed

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

CEOs have a lot to lose. The era of doing business in China as Western companies once knew it has fundamentally ended.

China’s leaders are meeting in Beijing on Tuesday for a second day to search for ways to stabilize the country’s current economy while keeping its focus on plans to turn toward a more sustainable and self-reliant growth model.

There is a long history of CEOs chasing short-term profits, giving precedence to quarterly earnings objectives and share prices, at the cost of establishing a sustainable long-term approach. In an era defined by profound global transformations, it's remarkable that many CEOs continue to let this approach dictate their China strategy.and a benign geopolitical environment between the U.S. and China, this short-termism proved viable for many companies.

There's a limited window available for foreign businesses in China's market to de-risk in a way that protects their shareholders' interests. Timing a company's presence to seek maximum gains while not overstaying your welcome is a delicate balance for China and includes a grave risk: misjudge the political and economic environment and a company may be displaced by a domestic Chinese competitor.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 270. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

The biggest market race of all Western companies are at risk of losing to China: Op-edThe era of doing business in China as Western companies once knew it has fundamentally ended.
La source: CNBC - 🏆 12. / 72 Lire la suite »

The biggest market race of all Western companies are at risk of losing to China: Op-edThe era of doing business in China as Western companies once knew it has fundamentally ended.
La source: NBCNewYork - 🏆 270. / 63 Lire la suite »

The biggest market race of all that Western companies are at risk of losing to China: Op-edThe era of doing business in China as Western companies once knew it has fundamentally ended.
La source: NBCDFW - 🏆 288. / 63 Lire la suite »