Credit: globeds / AdobeStockLetter from Asia: As American Firms Retreat, Will Loyal UK Firms Regain Market Share In Asia?
As the competitive landscape in Greater China has shifted dramatically over the past 18 months, with U.S. firms continuing to pull up stakes in the region, U.K. firms have pledged loyalty to Asia. But does that mean they will finally regain some ground? Don't bet on it.
February 03, 2025 at 06:00 PM
5 minute read
I have been meeting with law firm leaders at U.K. firms in recent weeks. The mass exodus from Greater China by U.S. firms over the past 18 months, which dominated the headlines, meant all the attention had focused on the U.S. play in Asia. The role of U.K. firms had gone largely ignored.
So, it’s time to ask: Will U.K. firms regain market share and the upper hand now that so many of their U.S. rivals have up and left Greater China?
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