The recent Asia Task Force: Doing Business in Asia meetings have shed light on the global reach of what we do and how it translates across continents.
It also served to highlight truly emerging markets. According to UKTI:
*Southern China continues to be a key driver of China's rapid growth.
*The region's largest economy, Guangdong province, is still first nationally for export/import volumes. Although hit hard and early by the global economic slowdown (600,000 job losses earlier in the year),
*Guangdong is likely to be among the first to recover as the provincial government presses ahead with transforming the province's industrial structure from low-cost, labor intensive production to hi-tech, value-added, innovative and service oriented industry.
*Guangdong's GDP bounced back to 7.1% for the first half of 2009, and it continues to register growth in attracting FDI, against a drop nationally of 20%.
Knowing where to go is only half the equation. Understanding cultural norms, how to translate (operationally) best practices and the timing and constraints around implementing projects are true keys to success.
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