Because it has a consumer population of over 1.4 billion and its status as the "second largest economy in the world", China's huge market has always attracted many foreign companies to come and make arrangements. I believe this is obvious to all.
With the rapid development of these decades, my country's economic strength cannot be underestimated.
However, it is worth mentioning that in today's "technology-based" era, the level of technological development of each country also determines to a certain extent a country's strength and status on the international stage.
Over the past period of time, China has performed outstandingly in the fields of e-commerce and Internet finance, and during the period of the rise of China's Internet industry, many overseas Internet companies have had to resign themselves.
However, when it comes to the development of science and technology, the vast majority of global high-tech markets are still in the hands of the United States.
The United States, as a "superpower", has many high-tech companies, such as Apple, Microsoft, Amazon, and Google. These companies not only have a strong presence in the United States, they have also deployed their industries around the world, attracting a large number of users, including the Chinese market.
However, there is a very strange phenomenon now. Many foreign companies that have become "leading companies" in the field, no matter how brilliant their achievements in overseas markets, are often "unacceptable" after entering the Chinese market. Either loss or layoffs, and in the end they all face the end of "exiting China".
For example, Oracle of the United States is the world's largest enterprise software company. When China's database and cloud computing fields were still in a blank stage, Oracle Corporation of the United States almost occupied the Chinese market.
And Oracle is also considered to be the world's second largest software company after Microsoft.
Outside of China in the late 1980s, Oracle has been operating in the Chinese market for more than 30 years.
In addition, Oracle has established dozens of subsidiaries, multiple R&D centers, and 1,000 employees in China. However, even so, in the first two years, Oracle’s “layoffs” and “closure of China’s R&D center” incidents,There was a lot of trouble at one time.
In addition, as an e-commerce giant, Amazon can be said to be the best in the US market, but in the Chinese market, Amazon has lost miserably.
Under the constant pressure of local e-commerce companies such as Alibaba and JD.com, Amazon's share in the Chinese market has been declining. Later, the news of "Amazon withdrawing from China business" came out...
An American company quietly closed the Chinese Research Institute, this is "IBM" (IT company-International Business Machines Corporation).
Founded in 1911, this company is the world's largest information technology and business solutions company with operations in more than 160 countries and regions. This company pays special attention to research and development, and its achievements in science and technology in the past century have exceeded most countries.
IBM China Research Institute has been conducting various developments and researches in various fields such as environmental protection, electric power and energy, and the researchers are all elites.
However, it is now understood that currently on the IBM website, the China Research Institute website is still there, and there is a recruitment notice, but in fact, the China Research Institute has been quietly closed.
However, you must know that IBM's life is actually not easy, because a lot of basic research is carried out, which prevents it from generating direct economic benefits.
Because of the development of the times, IBM has repeatedly missed opportunities for development, which has made IBM's performance and revenue not increase for a long time.
It is reported that since 2013, IBM's stock price has fallen all the way, even though the US stock market once ushered in an overall rise. However, although IBM has quietly closed the China Research Institute, it is revealed that IBM does not intend to withdraw from China, but to change China's R&D layout.
Speaking of, foreign companies often "fail", and these companies that are well-known in the international market will still be "washed by waves" in the fiercely competitive Chinese market.
luckier,It will scale down in the Chinese market, or at least stick to it. But if the losses are serious, they have no choice but to withdraw from the Chinese market.
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