My glance of China
Some ideas about China and doing business there will remain on my mind.
We cannot forget the actual economic position of China and its special features when a company decides to do business, standards, culture and history.
China is a hot market, growing constantly, for the Chinese everything has a very fast rhythm and their mentality works on short term. They are looking for talent, people from all around the world with experience and capable to assume responsibilities in different areas of the same company.
It is important to take into account the behavioral differences between the Chinese and the International people. They are complementary, but do not forget that they are more practical and less creative than us, diligent and disciplined not independent or passionate and even they are humble and we are confident.
The globalization is arriving in this country but slowly, nowadays China still has another way to do and work. Even a high-context with proverbs and taboos exists during a negotiation!
If someone decides to do his own business in China it is important to analyze everything very well and do not forget the special requirements that China needs. If you can do all the effort on your own it is better than working with partners in China. Government asks for legal, control, tax liabilities, social securities, requirement of labor contract and all its requirements are very strict because of the protectionism policy that the country has.
The entrepreneurs prefer China to produce because although the prices of the manufacturing are a little bit higher than other oriental countries, the volume that China can produce is bigger.
You can negotiate calmly and do not hurry because the Chinese tend to slow down and if they do not ask you for more information, do not do it, adapt yourself to them all the time. You need a good and clear strategy and to focus into a defined segment and target in order to do your best when you try to succeed. Do not forget to translate or adapt the sound of your brand to Chinese language and symbols!
I would like to go back and learn more and more about their style of life and of course about how to be successful doing business in China.
Comentarios desactivados en My glance of China /
10 Mar 2013
por
Marina Espigares Rooney
MBAftmad /
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