In the wake of China’s economic securities regulator stepping down and the visible strains in the property sector, CEOs looking toward China face a nuanced landscape. Look beyond the surface. It is about more than Western media’s stark pessimism.
This deserves attention. The Chinese government has made a strategic pivot from correcting its real estate bubble to vigorously boosting its manufacturing sector. This is a concerted effort. Today, China leads in sectors like appliances, telecommunications equipment and EVs. And do not forget semiconductors for everyday tech. These are facts that Western businesses and policymakers cannot ignore.
Look at where China is investing its resources.
Focus on these strategic moves. Define the competitive landscape in key industries for years to come.