British Companies Positive About China’s Market Potential: BritCham China

The video discusses the current state of market optimism in China, driven by market potential and regulatory reforms. Despite challenges like cyber security, optimism remains high. Intellectual property protection has improved, encouraging business engagement. Companies are diversifying supply chains, with some moving to Southeast Asia. The video also explores UK-China trade relations, highlighting the potential benefits of a free trade agreement post-Brexit. Members seek competitive neutrality and a level playing field, with many planning to increase investment in China.

What is one of the main drivers of optimism among businesses in China?

• Increased cybersecurity threats

• Market potential and regulatory reforms

• Decrease in foreign investments

• Rising state-owned enterprises

What significant change occurred in the list of business challenges in China?

• Cybersecurity became the top concern

• Intellectual property protection dropped out of the top ten

• Market access issues increased

• Supply chain disruptions became less frequent

What percentage of British businesses in China are in the services sector?

• 50%

• 38%

• 62%

• 75%

How might a UK-China free trade agreement benefit UK businesses?

• By limiting market access

• By increasing state-owned enterprise influence

• By providing a competitive edge over EU exporters

• By reducing cybersecurity threats

What is a key concern for businesses regarding the Chinese market?

• Reduction in trade opportunities

• Decrease in foreign investment

• Strengthening of state-owned enterprises

• Lack of market potential