#03 Chinese competitors challenging German SMEs

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The German Innovators Podcast – Breaking Barriers, Building the Future

Bettina B. Scheibe and Johannes P. Lehmann

24 episodes

3 days ago

Welcome to The German Innovators Podcast—your go-to source for cutting-edge innovation, global market insights, and the stories shaping entrepreneurship worldwide. We dive into the minds of visionaries, disruptors, and industry leaders redefining success and pushing boundaries. From groundbreaking technologies to bold strategies, we explore how innovation is shaping industries and driving global impact. Whether you’re an entrepreneur, investor, or passionate about the future of business, join us for thought-provoking conversations that inspire action and challenge the status quo.

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#03 Chinese competitors challenging German SMEs

The German Innovators Podcast – Breaking Barriers, Building the Future

38 minutes 20 seconds

2 years ago

#03 Chinese competitors challenging German SMEs

Should we take Chinese competition seriously? Which industries are challenged most by Chinese competition? Bettina speaks with Peter Legner, CEO at Schenck Shanghai Machinery Corporation (Dürr Group) and CEO China at HOMAG Group, about his experience from 30 years of doing business in China, his latest learnings and his view on new technology trends in the Middle Kingdom.

Key take-aways:

1) Stop underestimating Chinese competition or you might find yourself losing significant market share.

2) Successful Chinese competitors aren't only challenging us in China, but have long started moving into our home markets.

3) Fields of competition include ALL industries, namely future technologies, traditional industries, consumer tech, B2B & the industrial space.

4) Everyone should be well informed about Chinese competition - NOT only corporates and SMEs, but ALSO startups and investors.

Links:

https://www.linkedin.com/in/peter-legner-9829948/

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