Forums > Study > Learning Chinese Business Practices Let me say it differently, unless you like gambling or high risk investments, it doesn't matter if you know Chinese business manners and practices, or not.
It is all in the hands of your potential partners.
The potential partner, will display his options and judge you not by the business etiquette but what he or she can use against you, to his advantage.
If you are LUCKY and he is pleased and he personally likes you and you plan, he may cooperate and you have a long and prosperous future, until he doesn't need you anymore and drop you, as you have no real power to win against him in a court. So he can act as he pleases.
Keep him happy!
If you give him a hongbao or not, if you invite an official to a banquette, or not, is not up to your try or effort but how much that person feels, thinks of you, or can benefit from you.
If you are a well planned strategist-business planner, China has too many variables and potential obstacles and risk factors. Even if you have a fantastic product, location is great, distribution network is tip-top, quality is amazing and marketing and sales is top (=an USUALLY fail-safe business plan) the chance to fail is still 50% in China (maybe even higher).
That is why many companies, even the top brands are seriously considering moving away from China,
plus a whole bunch of other major problems.
In terms of business etiquette, I saw loads of owners doing everything right, by Chinese business standards, but they still got axed, or didn't get the bid and that is the more upbeat options, as I said, I have seen my contracts been flushed down the toilet and lawyers telling me, that to win the lawyer battles I don't have the connections or budget.
So as Tiger Tiger stated. Set up a company in the family, get investments from the family as well as any other NEEDS for setting up the business. It's still a high risk by international standards, but much lower, as family is tighter than outsiders.
Usually families have a few rich uncles and aunts trying to evade taxes by investing in start ups and new business ventures.
Recipe: Seaweed, ginseng and sage root soup
Posted byPlus a lot if chinese medz are equally useless. I went to a pharmacy once having a migrane attack and they tried to sell me a painkiller that becomes effective after 7days. Some parents feed their kuds cild medicine for 4 weeks and praise their effectiveness...while the kids still sniffle like coked up rabbits.
Recipe: Seaweed, ginseng and sage root soup
Posted byActually most western medicine is not chemical just working ingredients extracted an processed into pills and liquids. Similar to chinese medz these days.Not surprising that even the toughest western medz are almost completely natural e.g. thats cancer chemo.
If you are worried about the crap that is in western medz, then i wouldn't go chinese style.
I used a lot of TCM and the chinese medz were always at least twice as expensive as the western medz. Plus in europe you don't have to care aboyt the price tag,since you healthcare plan takes care of it.
Recipe: Seaweed, ginseng and sage root soup
Posted byI love people praising TCM becasue it's so mild and less aggressive than the Western counterpart.
I read about Chinese Medicine especially in Chine, it's so tainted with pollutants and pesticides that Western, including Taiwan and HK phyician rethinking the TCM products. It's so beautiful how ineducated the common Chinese person is. I had a chat with a parent that was talking nonstop about the benefits of TCM and how terrible Western medz are I told her that more than 2/3 of the TCM is highly polluted and you can't boil fry or properly wash it because it would take away the ingredients.
The areticle said the clean or npolluted one is for Export due to higher food safety standards and even then a lot is still fished out of the market.
I used both medicines in my life both I can handle quite well but I am switching to more Western Medz if needed. At least it's clean...er.
Although I love the bitter taste of TCM.
Yuxi university working to preserve minority languages
Posted byIt does look cool and strangely contemporary. Although it looks a little bit like Fido Dido on speed.
Yunnan: A Chinese Bridgehead to Asia
Posted byI wish Yunnan would have a better cradit/loan system, disregarding nationality. So that smaller and maybe smarter start-up's could bring new innovations and ideas and thus quality into all sorts of products and services.
As well as a more efficient and fairer taxation system for small or start up companies, like in many European states.
This province could be the innovative engine of this country. If they would try to attract through tax and loan benefits, plus that would bring more income for the state as well.
It for sure, has everything it needs from weather, location, geography, etc.
Just think about all the industries you could possibly build, and run here, (except of course ocean related industries). Ahhhhh..... just dreaming.