WHY HAVE A CHINA "PLAN B"?
While the China market remains highly opportune from a demand perspective, questions about the future playing field there loom large. Companies need robust, future-ready business plans. More importantly, they need contingency plans in place in case market access is choked off due to US/EU restrictions or Chinese national security concerns or both. This low-probability scenario is increasingly plausible. It should not be ignored. Companies need a Plan B.
APAC Ventures helps companies with significant business interests in China navigate through the current turbulence and create solutions that plan for all scenarios.
China’s role as a partner, customer and competitor has become increasingly important for Multinational Corporations (MNCs). As China’s relationship with the USA and Europe has become unstable, MNCs of all sizes have begun to evaluate their China dependencies as part of their annual and strategic business planning processes.
APAC Ventures has created a framework called “China Plan-B” to help MNCs of all sizes assess risks related to China and to create a contingency action plan. Geopolitical risks tend to emanate from unexpected and unlikely events, so-called “Gray Swans”. Our process to create your China Plan-B utilizes our database of almost 100 potential “Gray Swan” events and includes the following steps:
1. CHINA BUSINESS DIAGNOSTIC
2. CHINA EXPOSURE ASSESSMENT
3. HQ-CHINA ALIGNMENT ASSESSMENT
4. CONTINGENCY ACTION PLAN