While it's true that many companies have blown it in China, it's also true that many others have done well. Separating the winners from the losers is the goal of this article.
It doesn't matter how fast you are, you can't outrun the inevitable. The only question is, how will you react when it arrives?
That was the question being pondered by an executive I met recently who works for an American specialty materials company. His market is seeing intense price pressure at the lower end brought on primarily by low-cost Chinese imports. A little research told him that, in recent years, both the Chinese government and foreign competitors had stepped up investment in this market segment in China. He figured the price pressure would continue - given the increased investment - and he also thought it likely that the Chinese competition would eventually creep up the quality scale toward the more value-added end of the market.