Written by Mona Pearl

Re-Evaluating China

Rise up, stretch, and rub the green dollar signs from your eyes. A new day is dawning in China and a radical transformation is underway. China’s new economic mission has shifted from sourcing and manufacturing to outbound and domestic investment, indigenous innovation, and domestic consumption. While beneficial for some U.S. businesses already in China, this shift may present challenges for others. Certainly, any first-time businesses looking strategically at China will need to understand this new China and how its current trajectory will impact future success.