As companies look to expand their businesses globally, finding the right sales and distribution partner in Asia is the key to success if you want to enter the market with export business first and without having local production. The Asian market is vast and diverse, and navigating its complexities can be a challenge for even […]
BYD sold more than 440,000 cars in China in the first quarter of 2023, overtaking Volkswagen as China’s best-selling car brand. Volkswagen sold 143,602 vehicles in November 2022, while Toyota sold 115,272 cars, making BYD’s sales 83% higher than in the same time. BYD sold 1.86 million vehicles in 2022, more than it did in the previous four years combined, and accounted […]
In an exciting development for German startups looking to expand into the Asian market, GBP International has been appointed as a mentor and advisor for German startups in Asia. GBP International, a leading consultancy firm specializing in international business development, has extensive experience and expertise in helping companies expand into new markets. Their appointment as […]
GBP has been doing business in China since 1997 and we have followed and took part in Chinas amazing journey. Now in 2023 and after Covid the country is at a crossroad as geopolitical tensions rises.
GBP International conducted a study on the potential for agricultural machinery, specifically wheeled tractors and combines, in China. The top three manufacturer of agricultural machinery wanted to find out what the main influences were, affecting the agricultural machinery market. Therefore, manufacturers, suppliers, major competitors and the regulator environment were identified and the value of the […]
Facing a downturn in new project assignments and the threat of technology theft, a client from the steel industry awarded GBP International the contract to conduct an in-depth market study on their industry in China. Thus we conducted numerous expert interviews, analyzed the data and developed a scenario for the client on how to manage […]
Drive- and Gear Technology China – Renewable Energy GBP International’s client has a history of over 300 years and is one of the pioneers in the metal industry. More than 3,000 employees develop, produce, sell and service highly innovative products to the clients in the metal industry worldwide. In total our client has 15 plants […]
The outlook for Asia’s economies is mixed in May 2023. Here are some key points from the various sources: The IMF predicted growth for Asia and the Pacific at 4% this year and 4.3% in 2023, with both below the 5.5% average over the last two decades The World Bank forecasted growth for the region […]
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