FROM SHAWN's DESKTOP (5/2009)

61st PharmChina Opening Day Apr 23, 2009, Zhengzhou. Photo credit: Shawn He Entrance: 61st PharmChina Opening Day Apr 23, 2009, Zhengzhou. Photo credit: Shawn He
Is it a plant? Is it a bird-nest? No. It's Spiderman (with a wide net to capture customers)...
There was certainly no sign of any recession at the 61st PharmChina Expo with reportedly over 100,000 buyers elbowing each other just trying to get in.
By the end of the opening day, the 'carpet' of discarded marketing leaflets on the floor was so thick that show-goers would trip if they did not exercise caution when walking...
But China may be risking a different type of meltdown that is largely invisible to the outside world (think 'volcano'...)

M y fellow China-marketeers:

First I want to apologize for any inconvenience that might have been caused by the infiltration of a virus in our system. (Tech support assured us that with the new setting in place it should not happen again...)

Yet the "attack" was perhaps not all negative; After all, it kind of forced us to break our 'radio silence' - If you ever wondered what we had been up to, I must say we have been busy reinventing ourselves. In fact, we have been busy selling to China.

Did you know that the "heart" of the Chinese stimulus plan is to boost domestic consumption, so anything that can help achieve that goal, be it tangible (i.e., product offerings) or intangible (e.g. knowledge and know-how), shall theoretically be in great demand in China?

We see Chinese businesses becoming increasingly READY (please see "China in Acquisition Mode"), WILLING (politically motivated) and ABLE (foreign reserves rich) to buy American/Western products.and services, too, if properly "packaged".

Many Chinese bosses are eager to "bottom-fish" in the US for a variety of "depressed assets" -- products, brands, properties, talent, or whole businesses.

With much of their 'toxic' competition washed away by the recent waves of factory closings, those manufacturers that have been doing things right and are thus still around are likely being rewarded with increased business.

Now that many of their old advantages such as low-cost labor have evaporated, going forward they will likely start focusing more on such issues as automation, "6-sigma" and "lean", as did their Japanese counterparts decades ago.

Little wonder that it is often easier nowadays for a Chinese manufacturer to get bank loans to import equipment than to export products.

Please come to our roundtables to learn more about these opportunities. And better yet, please join our upcoming matchmaking trip to tap into them.


Upcoming MeetChinaBiz Activities

  1. Boston Executive Roundtable (5/26)
  2. 14th Matchmaking & Business Development Trip to China (7/11-21)
  3. US-China CEO Matchmaking Mixer: Chicago (8/13)


1. MeetChinaBiz Executive Roundtable

Taking place almost every month in cities where we have chapters , this is a periodic gathering (somewhat like a "group counseling" session) for business decision-makers to discuss all issues related to doing business with or in China. These meetings will not only help them continue to network and expand their contacts, but also allow them to compare notes, share tips and learn from each other's lessons and experience, thereby enabling them to be better informed, prepared and "equipped" in their China pursuits.

Please monitor MCB's roundtable page for upcoming events at http://www.meetchinabiz.org/DesktopDefault.aspx?tabindex=3&tabid=10


2. 14th Matchmaking & Business Development Trip to China

China used to be a sourcing destination for US companies. While it may still be the case for many businesses that have a well-balanced strategy that did not solely rely on China's extreme low costs of the past, however, the prospect of selling into China is looking up...

Backed by pre-trip matchmaking efforts, MeetChinaBiz's 14th trip will take place from 7/11-21 and cover, aside from Shanghai and Beijing, such 2nd/3rd-tier cities as Changsha and Chengdu. We will meet collectively 1000-2000 Chinese companies and have the opportunity to visit plants and zones as well as individual companies of interest.

If you are interested but can't decide yet, simply start with the matchmaking and discussions first without committing to going right away.

Details can be found at http://www.meetchinabiz.org/Desktopdefault.aspx?tabindex=2&tabid=257. Feel free to email us at info(at)meetchinabiz.org (or call 617.606.3360) if you have any questions or would like any additional information.


3. US-China CEO Matchmaking Mixer

On 8/13 we will be holding a matchmaking networking event in Chicago 'featuring' a couple dozen CEOs from China. Please monitor your inbox or our website for further details on this. If you are interested in meeting them or sponsoring them, please email us at info(at)meetchinabiz.org.


More news and updates to follow soon. Please monitor your inbox... Questions? Please email us at info(at)MeetChinaBiz.org



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