Challenges in China and the Asia/ Pacific region
The APAC region is a very important market for internationally operating companies. Much of the world’s manufacturing output (Global Manufacturing Output) is in the APAC region with China ($4 trillion) and Japan ($1 trillion) as the two leading nations, followed by South Korea (approximately $500 billion) and India ($400 billion). 1 APAC countries are making great efforts to reduce regulatory hurdles and improve trade between countries, such as with existing free trade agreements like ASEAN or CPTPP, or with new planned treaties to promote the free movement of goods and reduce costs. 2 Despite these great efforts, very many companies still fail to reap the corresponding benefits. This is mainly due to the telecommunications infrastructure and IT networks. To ensure success, it therefore makes sense to work with local partners who offer reliable network services and can provide customised solutions and services thanks to strong technical knowledge.
As a result, you benefit from professional support for your IT projects and enjoy numerous advantages:
9 Get the necessary know-how to deal with regulatory hurdles.
9 Predict and prepare for possible failures in the future
9 React quickly to new circumstances
9 Seize new opportunities amidst exponentially evolving technologies
1 Mapping Countries Manufacturing Output: China’s Superpower vs. the World
9 Identify potential early and implement projects successfully
2 Rethinking supply chains in Asia Pacific
1 Mapping Countries Manufacturing Output: China’s Superpower vs. the World 2 Rethinking supply chains in Asia Pacific
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3 Despite COVID-19, European companies enjoy a resurgent market in China
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