Biao Wang, M.B.A.: Expert Advice on Doing Business in China
Apart from having the resources to invest, it is vital to understand China's local business practices, rules, regulations, culture, and society. Western-Chinese business ventures frequently fail due to lack of an in-depth understanding of Chinese business culture, politics and business negotiation. Therefore, it is essential that any business venture acquires the appropriate knowledge and skills to succeed.
The following list contains key activities for a venture to succeed in China (...)