China China China

Morning Ireland reported on China's return to double digit economic growth today (how do they do it?). (Here's how: "A 4 trillion yuan ($585 billion) fiscal stimulus package was complemented by an unprecedented surge in lending by the nation's predominantly state-owned banks, ensuring that China was the first major economy to recover decisively from the credit crunch." - Irish Times, 21/01/10)

Interestingly one of the things they say China has a market for (in terms of Irish exports there) is baby goods. Hence a big opportunity for Abbott and Wyeth, to name but a few.

I quake with excitment at the idea of doing business in China, and at the realisation that westernised products such as these that are so basic for Irish consumers have potential there.

Just imagine the thrill of setting up a business exporting to China, getting the mechanics of production and distribution right first time, and then focussing on growth. Pure, almost unending growth. The huge challenge would be getting procedures right to enable this growth, to allow the business to take on the opportunity.

Eesh, that's almost too much excitement for this time of the morning. Any other entrepreneurs who have a business idea that you think will fly in China, please get in touch! Get KnowledgeWorks on board!

And in the meantime, check out Entperise Ireland's info on doing business in China.