China challenge market

We could go on. The question of if is even more pressing because India and other Asian nations are rising to the China challenge. Hundreds of millions of people in China and all of Asia are dreaming of becoming middle class citizens and, even more important to them, assuring a slot in the middle market for their children. 

Asia, and China especially, needs a great deal of flexibility to respond to the challenges of working across cultures and meet the specific needs of the market. It is important to change from an opportunistic market approach to systematic and sustainable market penetration based on domestic manufacturing facilities. 

Yan, J., Rare Earth Market - Challenge and Opportunity, China Rare Earth Information, Vol. 6, Dec 2000. 

When LJSI was pursued throughout China, for the most part it was a matter of people switching to iodized salt when it became the only salt available in the market. In areas such as Tibet, however, the situation is quite different. Relatively low economic development, compounded by readily available raw salt through the century-old, traditional barter system, has made the push for iodized salt much more challenging. Health education using locally-developed relevant materials and communication channels, such as culturally sensitive posters, radio broadcasts and television advertising, to create demand for iodized salt was one of the important interventions of the project (Li et al., 2005). 

In the bulk of this paper we examine the larger market and economic challenges that China presents to the U.S. and the world the capita challenge, the... 

It is common business wisdom that there are basically only two factors that drive competitive advantage - differentiation and price. It should be clear by now that China is no longer a low-tech market, but it is still a low price market. This combination always creates strategic challenges in China. 

As mentioned at the outset of this essay, despite die fantastic growth in China, entering the market is extremely challenging. Companies need real, workable strategies if they hope to succeed in this maiket. 

The market entry challenge. Despite the fantastic growth and opportunities, access to and positioning in the Chinese market is very difficult. The buyer s markets, the China Price, the preference for local suppliers, guanxi, all make it a tough place to carve out market share. 

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