Lessons for Foreign Business
Sincerity = Commitment
- Trust Requires Time, Seniority, Constancy
- Good News for Americans
Be in China because you have to, not because you want to
Foreign Business ‰gtryths‰h
- Cannot make money, cannot get it out
- Domestic market is 1.2 billion
- Must have Chinese partner, who must control
- Must have Guanxi to succeed