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Making Sense of a Changing China
August 17, 2023 | Report
(Updated) August 31, 2023 | Report
The Chinese business environment is increasingly challenging for western multinationals. For many, growth and profits are under intense pressure and the outlook is highly uncertain across growth, competition, policy, and geopolitical dimensions. Almost daily, news flows in China and internationally are heavy with potentially impactful developments, provoking many new planning questions one after the other. MNC executives are struggling to explain what is happening in China and where things are headed. For many companies, this is a subject of intense, even paralyzing internal debate.
This commentary strives to explain the evolving situation, the dynamics at work, and what the key trends portend for business conditions in China looking forward. A common situational understanding is critical to aligning internally on planning and risk management priorities.
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