Pacific Resources International PRI USA

30/09/2023

What role should the China market play in the operations of a privately held, US owned company in 2023 and beyond? PRI’s Dwight Nordstrom and Asia Plus Capital’s Robert Daudt recorded a one-hour webinar that will inform your company’s strategic planning for China and beyond.

Click the link below to view a recording of the webinar.

https://us06web.zoom.us/rec/play/J7qJ7Ew6SJI-DnFMVal6Bj04YsTsT1VEq0jeLyBf-zB0-i2npbOFaGA8wozgLvJ1hXMz3pH0aNlUQItU.SswmaAT4sgWJybUe?canPlayFromShare=true&from=my_recording&startTime=1694700938000&pwd=HjcrMBH1PYyDGgY_g0gozMALqfmpFitl&componentName=rec-play&originRequestUrl=https%3A%2F%2Fus06web.zoom.us%2Frec%2Fshare%2FM8XYt9yxpYbIk_vo3IbF9VmKLF1ynsRzQtO61FDOgodeWmggCERmnvCVQaEFV6o.m9_ZJyEw3sSTRbE-%3FstartTime%3D1694700938000%26pwd%3DHjcrMBH1PYyDGgY_g0gozMALqfmpFitl

27/04/2022

Over the past several months, Omicron-fueled outbreaks of COVID-19 and corresponding response measures have caused disruptions to China’s supply chains, factory production and the daily lives of its residents.

Companies operating in China have had to deal with many challenges, not the least of which is providing for the well-being of their employees amidst lockdowns and quarantines. PRI’s team has been no exception.

The outbreak has been most severe in Shanghai. One of PRI’s team members based in Shanghai shared his experience and recommended preparations for others in China.

Companies in China need to be prepared for Omicron-fueled outbreaks of COVID-19 and corresponding response measures including lockdowns.

07/01/2022

PRI Senior Manager Jim Cooper recently completed his fourth consecutive year serving on the Board of Governors for the American Chamber of Commerce in China (AmCham China), a non-profit, non-governmental organization whose membership comprises tens of thousands of individuals from nearly 1,000 companies operating across China.

In the latest edition of PRI Insights, we interview Jim about his experience as a Board member, the most crucial issues facing mid-size US companies operating in China today and his personal lessons learned over the past four years.

PRI's Jim Cooper wraps up his fourth year serving on AmCham China’s Board of Governors and shares lessons learned for US companies.

01/11/2021

While low-cost manufacturing and the world’s biggest potential market have mostly driven China investment in the past for international firms, setting up an integrated engineering and sourcing team in the country is a key potential competitive advantage for US and European companies.

The latest edition of PRI Insights makes the case that competitive advantages include a quick start up at lower costs, an increase in speed in the engineering and design process, and a natural base for local sales.

Benefits include a quick start up at lower costs, an increase in speed in the engineering and design process, and a base for local sales.

30/09/2021

Traditionally, companies treated their China strategy as a China-focused effort. In the latest edition of PRI Insights, Senior Consultant Michael Barbalas makes the case that given changes in China’s trade and investment patterns, it is better to now consider a China strategy more globally as a China-centered component.

From China, it is possible to support a wide variety of countries that are not well served from a North American distribution base. China is now the top trade partner for 128 of 190 countries and its people have deep experience in Central Asia, South Asia, Russia, the Middle East and Africa.

Traditionally, companies treated their China strategy as a China-focused effort. Given changes in China’s trade and investment patterns, it is better to consider a China strategy more globally as a China-centered component. From China, it is possible to support a wide variety of countries that are...

15/09/2021

Recent events – tariffs, the COVID-19 pandemic and a resulting global logistics backlog – have caused many companies to reevaluate their supply chains. Companies with factories in China are looking to add manufacturing capacity in another low-cost country to reduce risks and make their global supply chains more resilient. PRI, with its longtime presence in Asia, has identified the Philippines as a top candidate for its own operations and for that of its clients.

Many companies operating in China are looking to add manufacturing capacity in another low-cost country might be needed to reduce risks associated with exporting to North America and European markets and supporting global supply chains. PRI, with its longtime presence in Asia, has identified the Phi...

08/07/2021

What must companies do now to thrive in China, the world's largest growth market?

PRI Chairman Dwight Nordstrom recently joined Russell Brown, Managing Partner of Lehman Brown International Accountants to answer that question in a webinar entitled “Critical Areas for China Business Success in 2021 and Beyond." Click below to watch the webinar on demand.

PRI Chairman Dwight Nordstrom joined Russell Brown, Managing Partner of Lehman Brown International Accountants, for a webinar entitled “Critical Areas for Ch...

22/06/2021

Since the start of Covid-19, companies have experienced the tsunami effect of the global pandemic in wave after wave of disruptions and new challenges to their business. Those waves of change are also bringing growth opportunities - and now is the time to re-align your company's strategy with the growth drivers in China, writes PRI Senior Consultant Michael Barbalas in the next installment of PRI Insights.

Since the start of Covid-19, companies have experienced the tsunami effect of the global pandemic in wave after wave of disruptions.

02/06/2021

Every company wants to grow sales and profits. The most productive places to target significant growth are more rapidly growing markets, including China. In the latest PRI Insights piece, Senior Consultant Michael Barbalas makes the case for prioritizing China in a company's growth strategy, including the global benefits of honing your business in one of the world’s most competitive landscapes.

Every company wants to grow sales and profits, and strategizes to accomplish these goals. China is expected to contribute about one third of total global growth over the next five years - equivalent to the growth expected for the USA, Europe and Japan combined. China is not a market that any growth....

27/05/2021

Any company interested in growth cannot afford to ignore China, which is expected to account for the same amount of global growth over the next five years as US, Europe and Japan combined. And yet, the complexity of doing business in China is rising every day.

PRI is pleased to partner with LehmanBrown International Accountants to offer a free webinar on June 10th to help companies navigate challenges and take advantage of growth, entitled "Critical Areas for China Business Success in 2021 and Beyond: What Mid-Sized Companies Must Do Now to Thrive in the World’s Largest Growth Market."

PRI Chairman Dwight Nordstrom will share on-the-ground insights and lessons learned - click the link below to book your spot.

Register now for the “Critical Areas for China Business Success in 2021 and Beyond” Webinar hosted by PRI USA and LehmanBrown International Accountants.

Register now: https://lnkd.in/eGwiCp5

The webinar will discuss “What Mid-Sized Companies Must Do Now to Thrive in the World’s Largest Growth Market” on June 10th 2021, 10:30 US EST (15:30 GMT, 16:30 CET, 22:30 CST).

Find out more about LehmanBrown and PRI here:

• LehmanBrown: www.lehmanbrown.com

• PRI USA: https://www.priusa.com/

21/05/2021

Logistics – and the inability to get products delivered on-time – has re-emerged as a critical issue for companies in China trying to deliver goods to buyers in the US, Europe and other locations. An “unprecedented shortage” of shipping containers has caused a surge in logistics prices and hampered the global economic recovery.

The PRI Insights series returns with tips on "How Your Business Can Successfully Navigate China's Unprecedented Shipping Container Shortage."

Logistics – and the inability to get products delivered on-time – has re-emerged as a critical issue for companies in China trying to deliver goods to buyers in the US, Europe and other locations. An “unprecedented shortage” of shipping containers has caused a surge in logistics prices and h...

25/03/2021

WEBINAR: Despite slowing growth, wider U.S.-China tensions and longstanding business challenges in the country, China remains a top long-term priority for most companies around the world. In this webinar, PRI's Michael Barbalas, former President of the American Chamber of Commerce in China, explains what foreign companies should do to be successful in China in 2021. https://us02web.zoom.us/webinar/register/1616155467345/WN_SGqkEL2GRSqn1_oEdgIImQ