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China: The new Belgian frontier

China: The new Belgian frontier

China has been the world's most rapidly growing economy for the past five years and is expected to remain so for the next four.

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China: The new Belgian frontier
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China has been the world's most rapidly growing economy for the past five years and is expected to remain so for the next four. This past year alone, China was the first universal destination for direct foreign investments. Particularly Belgian money. While growth rates of Belgian exports towards traditional partners stagnated, Belgian exports to China—a staggering ?2,12 billion in 2002—continue to soar. Is China the New Frontier? For some Belgian enterprises that question was answered in the affirmative decades ago. For others, the challenges still outweigh the opportunities. It's a reality that doing business with China is difficult, but Belgium's 'China success stories' provide fuel for inspiration.

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