SmithWong Associates, LLC provides business advisory services to assist clients formulate and implement China business strategies. They assist clients evaluate and determine the feasibility of, and provide a return on investment analysis for various China strategies such as:

- China Sourcing, Procurement                    
                                                                                                                                  - Trade and Logistics                                                                                                                                     - China Market Expansion

- China Outsourcing

- Business Re-location to China

- Purchasing China's non-performing assets 

- Joint Ventures

 The advent of China in the global market is having a profound impact on the global economy and in particular a profound impact on the U.S. economy. While their emergence presents a tremendous potential threat to some, it also presents tremendous potential opportunities to others.

China has been viewed as a huge threat to U.S. businesses that have relatively uncomplicated products. However, China is now a threat to some complicated products as they develop their workforce and attract outside investment in research and development. China has a vast amount of available competitive labor and is becoming more educated and skilled every day. Their businesses will have the capability to sell directly to your customers and compete directly for your business. Further, your U.S. competitors will leverage the low cost of labor in China and reduce their cost of operations by re-locating operations to China. For many U.S. businesses that do nothing, it will be impossible to compete.

However, there are ripe and huge opportunities for those who dare to explore and invest. China's entry into the World Trade Organization is opening China's market and is creating opportunity for North American businesses to penetrate and expand into China. With a population of over 1.3 billion, and over 200 million of these considered affluent (the population of the U.S.), and the emergence of the middle class, China represents a huge market opportunity. Your competitors are among the investors contributing over $50 billion a year in foreign direct investment.

Work with SmithWong in North American to facilitate your China decision making process. Contact them today for assistance in formulating and implementing a China business strategy.