Amid growing trade tensions, what’s the reality for businesses looking to export to China? Newable's Chris Manson outlines the challenges - and the rewards.
China may seem far away, but it is never far from the business headlines. As the world’s largest economy, both its domestic and foreign policy agendas have enormous importance for businesses across the world.
In recent years, much has been made of the potential for British businesses to export to China. The UK’s former Prime Minister and Chancellor made it their mission to foster stronger commercial ties. But amid growing trade tensions, what’s the reality for businesses looking to export?
Last week, Newable hosted Guy Dru Drury, the Head of the CBI’s China Office, to discuss this issue. The discussion took place just before the G20 Summit in Argentina – and as Guy pointed out, the signals for future US-China relations weren’t promising. Successive rounds of tariffs and retaliatory action between the two countries dominated front pages in the lead up.
But China is wary of sending the wrong message to the global audience. The country’s lea