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Home » Is Doing Business in China as Mysterious and Difficult as Many Make It Out to Be?

Is Doing Business in China as Mysterious and Difficult as Many Make It Out to Be?

April 21, 2014
McKinsey

They are like tectonic plates moving underneath the surface. If you can understand them, the chaotic flurry of activity on the surface becomes a lot more understandable—and even predictable.

These trends move businesses on a daily basis. They’re revenue or cost drivers that show up in income statements. Deals, newspaper headlines, political statements, and the rising and falling wealth of companies are mostly manifestations of these six trends, which aren’t typically studied by economists and political analysts. In fact, we happen to think that Chinese politics or political economics are wildly overemphasized by some Westerners in China. So let’s tell a story about each of these megatrends, with some important caveats. They’re not necessarily good things. They’re not necessarily sustainable. For every one of them, we can argue a bull and a bear case. Most lead to profits or at least revenue. Some may be stable. Some lead to bubbles that may or may not collapse. We are only arguing that they are big, they are driving economic activity on a very large scale, and understanding them is critical to understanding China and where it’s headed.

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Business Strategy Alignment Global Supply Chain Management Retail China
KEYWORDS Business Strategy Alignment business trends in China China Chinese logistics foreign direct investment Global Supply Chain Management McKinsey Retail Supply Chain Analysis & Consulting Supply Chain Management Supply Chain Management: Business Strategy Alignment
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