SHENG’s Managing Partner Ilan Maor was to add his optimistic view on the reliance and positive future of the Chinese economy the article published yesterday at the Globes, one of Israel’s leading economic newspaper .
We, at SHENG, believe in the Chinese industry and society and see vast potential for the Israeli companies in entering cooperation and doing business in China in the New Chinese Year of the snake and beyond!
From the article:
However, other voices are also being heard in the market regarding China. Ilan Maor, CEO of Sheng Enterprises from the BDO Israel group, explains in a conversation with Globes that in his opinion China is a superpower with very strong fundamental strengths and resilience that helps it overcome crises. “China’s history proves its ability to recover from severe blows. Maybe this time it will take it longer to recover, but it will probably manage to successfully emerge from the crisis.”
Maor emphasizes the fact that the Chinese economy is based on a strong and smart industry that has made rapid leaps over the years and has strong capabilities. “Economies in the global environment will continue to seek trade relations with China,” notes Maor. He also estimates that Trump’s trade policy may delay growth in China but will not stop it.
