In the March 2016 edition of the Chattanooga Chamber of Commerce’s Business Trend magazine, Holly Ashley takes a look at business opportunities with China, quoting from TN-China Network’s founder and executive director:
Elizabeth Rowland, founder of TN-China Network, suggests companies interested in entering the Chinese market focus on the country’s economic fundamentals, not just the stock market.
“The slowdown is part of the country’s economic restructuring to move up the economic value chain towards more value-added services,” Rowland says. “Their growth rate has predictably slowed to a rate more comparable with other advanced economies.”
She also suggests that businesses not let stock market turmoil distract them from what really matters: does your product or service have a market in China?
Rowland, whose organization works to enhance bilateral trade with China and boost investment and job growth in Tennessee, reports that China ranks as the third largest export market for the state, valued at $2.5 billion in 2015.
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