Danish companies are turning their backs on the Chinese market

Danish companies are dropping production in China and turning away from the Chinese market as geopolitical tensions with Taiwan simmer and other emerging Asian and Gulf markets become attractive, according to Dank Industri and Danish and US business consultants.

Photo: Pixabay

Aug 9, 2024

The impressive growth in the Chinese consumer market has attracted many Western companies in recent decades. But that interest is now waning, according to one of the world’s largest consulting houses Bain & Company.The head of the firm’s macrotrend group Karen Harris says foreign companies are looking to alternative Asian and Middle Eastern regions instead.“Many […]

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