We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. Cookie Policy

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

ADVERTISEMENT
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
No Result
View All Result
Home World

Few markets pack a punch like China’s

Given China's effectiveness in handling the COVID-19 fallout, which was better than most other countries, multinational corporations are finding fresh momentum from the country's surging trade volume.

in World
Reading Time: 2 mins read
0 0
0
Few markets pack a punch like China's
0
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

There has been a significant increase in the volume of China’s trade with emerging markets and supply chains that are reliable and relatively less vulnerable to disruptions.

MNCs also sense many opportunities in China’s advantages like massive economic scale, huge consumption potential, development of “new infrastructure”, a fast-growing digital economy and competitive labor quality, all of which have made the country’s supply chains more scalable, extendible and cost-effective.

Since the Association of Southeast Asian Nations and China have become each other’s largest trading partner this year, many MNC executives feel this change will push them to ship more products manufactured in China to Southeast Asia. For example, the distance between Shenzhen in Guangdong province and Thailand (and Vietnam), is virtually shorter now than the Shenzhen-Beijing route taken by flights and even container vessels.

Furthermore, many Southeast Asian countries, especially Singapore and Malaysia, have deep-seated Chinese culture, and many of their businesses have already used the experience of Chinese companies’ operating models.

Taobao, the e-marketplace created by Alibaba Group, and online gaming platforms operated by Tencent Group, have inspired clones in the region. In fact, Lazada Group, the e-commerce leader in the region, is backed by Alibaba. This trend has helped build a solid foundation for China and ASEAN members to deepen their trade and investment ties for the long run.

More

India leads a technical response following the Boeing 787 crash

China implements visa exemption for Saudi Arabia, Oman, Kuwait, and Bahrain

Is the United States of America Still the Land of Opportunity?

Even though China’s rising labor and production material costs have pushed a number of domestic and global companies to move their garment and leather product factories from the Chinese mainland to India, Vietnam, Cambodia and Indonesia in recent years, these countries’ insufficient power supply, transportation infrastructure, and multi-language system have restricted foreign companies’ growth.

China’s single-language advantage relative to its huge market and constantly improving legal environment have encouraged foreign companies to double down on their commitment and match their unshakable confidence with actual deeds.

On the other hand, factory relocation entails new investment. As the world stares at a possible economic recession due to COVID-19, the willingness to invest in other markets has been greatly affected among many multinational companies.

To prevent risks, their top priority will likely be to retain cash and keep cross-border investments on a tight leash.

Since early work resumption further validates China’s manufacturing advantages over other emerging markets, the country will likely remain one of the top investment destinations for global investors. Foreign firms are satisfied with China’s enhanced efforts in fighting the contagion and boosting its economy via new policy measures since February.

Moreover, the pandemic has prompted both Chinese and global companies to pay more attention to digital infrastructure in the next phase of their development. China happens to be a hot spot in developing digital technologies such as 5G, data centers and internet-connected manufacturing business.

Against the backdrop of the worrisome prospects for global trade and investment, China was able to quickly adopt a series of measures to stabilize foreign trade across the country, focusing on key points and making up for shortcomings. These practical moves also demonstrate the nation’s comparative institutional advantage.

Source: chinadaily.com
africanian

africanian

  • Trending
  • Comments
  • Latest
Rwanda combines youth innovation and circular economy to build a resilient nation

Rwanda combines youth innovation and circular economy to build a resilient nation

July 3, 2025
Weather in South Africa: Climate and Seasons

Weather in South Africa: Climate and Seasons

August 25, 2020
Weather in Morocco: Climate, Seasons and Average Temperature

Weather in Morocco: Climate, Seasons and Average Temperature

August 25, 2020
In Tanzania, the Kibuka community has improved their household economy by more than 50%.

In Tanzania, the Kibuka community has improved their household economy by more than 50%.

July 11, 2025
Lesotho increases blood collection by 70% between 2017 and 2024

Lesotho increases blood collection by 70% between 2017 and 2024

July 8, 2025
Nigeria accelerates economic transformation with key reforms and signs of recovery

Nigeria accelerates economic transformation with key reforms and signs of recovery

July 7, 2025
Twitter Instagram Youtube Facebook
No Result
View All Result

Africanian News

Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future. If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to info@africanian.com

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to info@africanian.com. You can also subscribe to our mailing list to receive the latest updates from Africanian News.

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.