China: opportunities and challenges

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Session recap  

The window is wide open for companies seeking to invest in China, but waiting is not an option.

Conditions are improving in China, and it’s about to become the largest consumer marketplace in our lifetime, but don’t wait,” said Avi Reichental, President and CEO of 3D Systems. He noted that IP theft and corruption are becoming less of a risk: “The real question isn’t how can you defend IP, but how quickly you can monetize it.”

Michael F. Hilton, President and Chief Executive Officer of Nordson Corporation, said companies “need to go local quickly. Find the best talent you can and then do everything you can to retain that talent.”

Attendees were also warned to be ready for competition from Chinese companies. “The pace of competition from Chinese entrepreneurs is just phenomenal,” said Liam Casey, CEO of PCH International.

Watch the full session below.

China: opportunities and challenges

Moderator
Tony Sirianni speaks at EY Strategic Growth Forum

Tony Sirianni
EY Global Trade Leader

 
Speakers

 

Liam Casey speaks at EY Strategic Growth Forum

Liam Casey
CEO
PCH International

 
Michael F. Hilton speaks at EY Strategic Growth Forum

Michael F. Hilton
President and Chief Executive Officer
Nordson Corporation

 
Avi Reichental speaks at EY Strategic Growth Forum

Avi Reichental
President and CEO
3D Systems

 
Brett Rochkind speaks at EY Strategic Growth Forum

Brett Rochkind
Managing Director
General Atlantic

 
William Striebe speaks at EY Strategic Growth Forum

William Striebe
Vice President, Business Development
UTC Climate, Controls & Security Systems