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Veranstaltung 17 December 2024

Past conference | China in question(s): adapting strategic and legal frameworks to China’s „new normal“

Past conference | China in question(s): adapting strategic and legal frameworks to China’s „new normal“

This conference on China, held at LPA Law’s Paris office in partnership with Advention and supported by the Comité France Chine, brought together more than 50 participants.

A big thank you to our speakers: Fanny Nguyen, Partner at LPA Law Shanghai, Nicolas Vanderchmitt, Partner at LPA Law Hong Kong, David Maurizot, Managing Director Asia at Advention, and Sybille Dubois-Fontaine, Managing Director of the Comité France Chine, for their insightful and enriching contributions.

Here are the key takeaways:

  • China is facing major structural challenges: a real estate crisis, declining household confidence, an aging population, and the natural slowdown of economic growth.
  • Companies are under pressure from falling prices, weakened demand, and increased competition.
  • Despite uncertainties and economic slowdown, China remains a key market for French and international companies.
  • Opportunities persist through targeted investments and winning strategies, particularly by establishing local partnerships.
  • The current environment calls for a long-term vision: businesses must adopt a pragmatic and innovative approach, rethink their business models, diversify their strategies, and rely on local or institutional partners.
  • Local authorities play an active role in enhancing corporate competitiveness through measures such as subsidies, tax relief, and covering legal expenses.