China’s Economic Slowdown Surprises Analysts-Global SC Group

The economic growth rate in China has been slowing down, surprising analysts and economists. Since the start of 2019, the Chinese economy has seen its slowest growth in nearly 30 years.
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China’s economic slowdown has surprised analysts this week, with a number of key performance figures failing to reach predicted levels.
Annual growth dropped to 7.7% for the January to March 2013 quarter, from 7.9% in the previous quarter. Industrial output rose only 8.9%, against analysts’ predictions of 10%, and fixed asset investment rose at an annual rate of only 20.9%, while it had been expected to achieve over 21%.

So what can Chinese companies do to spur their country’s economic growth and what lessons can the international business community learn in the process? International businessman Vivek Sood’s new book, The 5 Star Business Network, holds the key to unlocking each company’s true potential through the development of its 5 star business network. From small, local companies to global corporations competing on the world stage, the lessons provided in The 5 Star Business Network promote efficiency, growth and scalability for every business. Mr Sood explains.

China’s Economic Slowdown

china's economic slowdown

Having worked across several continents and in a wide range of industries, I have been fortunate to learn first-hand some of the most important lessons that businesses need to know. The development of 5 star business networks is such a key factor in running a successful company, yet one that many businesses often overlook or approach in the wrong way. I am thrilled to finally be able to reach out to all companies, no matter their location, and provide them with the resource they need in order to become more efficient, generate increased revenue and drive forward their success.

As China’s Economic Slowdown Surprises Analysts, What More Can Its Companies Do To Spur Growth?

Vivek Sood: Sydney based managing director of Global Supply Chain Group, a strategy consultancy specializing in supply chains. More information on Vivek is available on www.linkedin.com/in/vivek and more information on Global Supply Chain Group is available www.globalscgroup.com 

Vivek is the Managing Director of Global Supply Chain Group, a boutique strategy consulting firm specialising in Supply Chain Strategies, and headquartered in Sydney, Australia . He has over 24 years of experience in strategic transformations and operational excellence within global supply chains. Prior to co-founding Global Supply Chain Group in January 2000, Vivek was a management consultant with top-tier strategy consulting firm Booz Allen & Hamilton.

Vivek provides strategic operations and supply chain advice to boards and senior management of global corporations, private equity groups and other stakeholders in a range of industries including FMCG, food, shipping, logistics, manufacturing, chemicals, mining, agribusiness, construction materials, explosives, airlines and electricity utilities.

Vivek has served world-wide corporations in nearly 500 small and large projects on all continents with a variety of clients in many different industries. Most of projects have involved diagnostic, conceptualisation and transformation of supply chains – releasing significant amount of value for the business. His project work in supply chain management has added cumulative value in excess of $500M incorporating projects in major supply chain infrastructure investment decisions, profitable growth driven by global supply chain realignment, supply chain systems, negotiations and all other aspects of global supply chains.

Vivek has written a number of path breaking articles and commentaries that are published in several respected journals and magazines. Vivek has spoken at several supply chain conference, forums and workshops in various parts of the world. He has also conducted several strategic workshops on various aspects of supply chain management. He received his MBA with Distinction from the Australian Graduate School of Management in 1996 and prior to these studies spent 11 years in the Merchant Navy, rising from a Cadet to Master Mariner.

More information on Vivek is available on www.linkedin.com/in/vivek  and more information on Global Supply Chain Group is available on www.globalscgroup.com

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