Latest releases of new datasets and data updates from different sources around the world
Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema.Learn more
Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database.World Trade Uncertainty Weighing On Global Growth China: Is Pork a Barrier to Economic Stimulus? US Purchasing Managers Index Falls Below 50, Signals Contraction Learn more
Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data.
Corporate growth strategies typically include some combination of deepening existing market penetration and new product and market development. New market entry through acquisitions, greenfield investment, joint venture or other forms are considered generally to be the most controllable ways to drive business growth. And, many emerging markets, such as Brazil, India, Argentina, with their growing middle-classes are attractive targets for these growth strategies.
With the ever-increasing complexity underlying trade openness, regulatory, and tax systems, among other factors globally, identifying the best target markets for a specific company remains part science, part art. Market attractiveness assessments cover demand, value chain, competition, innovation, regulatory environment, barriers to entry, risks, and security issues, among other critical measures. Companies also rely on composite metrics to compare markets across several dimensions simultaneously during the early stage of analysis preceding detailed analyses. One such metric is the Market Potential Index (MPI) published by Michigan State University.
In today’s Viz of the Day we provide access to several key metrics commonly used in market attractiveness assessments, highlighting China as an example of how the metrics provide insight for business analysts. China has been a popular target of market attractiveness studies for more than two decades, with companies timing entry, level of investment, and market strategies to coincide with regulatory and market growth expectations.
Opportunities. China’s enormous market size and related market growth potential are key factors in its attractiveness. While market growth is gradually cooling, the Chinese economy is still among the top 10 fastest growing economies worldwide. Over the last five years, China’s real GDP grew at an average annual rate of 7.2 percent.
Weaknesses and obstacles. Limited internet access along with low market intensity and receptivity as well as living standards remain persistent challenges for China. Restrictions on economic freedom frequently reach headlines as well based on constraints on the flow of investment capital and the financial sector's dependence on and susceptibility to government control and interference, according to the Heritage Foundation.
Learn more >
Are you sure you want to delete this page?
Are you sure you want to delete this document?
Unable to delete the page because it has shortcuts referencing it at the following locations:
Please delete these shortcuts first, then delete page itself.