When attention was first drawn to China as an economic power about 15 years ago, the focus was on Beijing and Shanghai. U.S. businesses fled to enter into those particular markets and pretty much ignored the rest of the country. Now that those markets have become saturated, U.S. investors are beginning to pay attention to other areas like, Shandong, Shenzhen, and Sichuan. Further away from the hustle and bustle of the big cities there are untapped opportunities for those who dare to venture into those localities.
As newcomers thriving on the NYSE, companies from cities other than Beijing and Shanghai are certainly an area to keep an eye on over the next 5 years. There will be climbers and those that don’t fare too well. Regardless of what happens, the development of the previously ignored provinces is sure to be exciting!