Doing Business in China For Dummies (For Dummies (Business & by Robert Collins, Carson Block

By Robert Collins, Carson Block

Navigate China's enterprise tradition and etiquetteThe enjoyable and simple strategy to develop what you are promoting in ChinaThis authoritative, pleasant consultant covers the entire fundamentals, from the nuts and bolts of chinese language company and forms to negotiating together with your chinese language companions. you are going to additionally get the information you want to deal with daily, from go back and forth information and suggestion on changing cash to getting earlier language barriers.Discover how to:* comprehend chinese language markets* advance a robust marketing strategy* locate the perfect staff* paintings with forex controls and the chinese language banking procedure* promote and resource in ChinaExplanations in simple English* "Get in, get out" info* Icons and different navigational aids* Tear-out cheat sheet* best ten lists* a splash of humor and enjoyable

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At the same time, China’s farmland is rapidly giving way to factories and industry. China’s usable water is also decreasing due to pollution and overuse. All of this means that China is going to need a lot more food from abroad, making agribusiness a good place to be. This trend is already noticeable. During the past several years, prices for many food commodities, such as soybeans, have gone up quite a bit. Much of the increase has been due to growing demand from China. One of the nice things about doing agribusiness with China is that you can do it from anywhere in the world where you can grow crops and produce food.

Many economists are saying that China will be the world’s largest economy by 2025. If the booming economy isn’t enough, this section can help you understand China’s appeal. ) Cutting costs to meet global demands Manufacturers based in China have considerable cost advantages over companies producing goods in Europe or North America. Foreign investors in China continue to chase cheaper wages and lower operating costs, which translate into improved margins and greater profits. (However, as we explain in Chapter 13, most companies don’t lower their per-unit labor costs by moving manufacturing to China.

Be wary of any literature that seems overly positive or overly negative on China. Chapter 1: So You Want to Do Business in China 2. Go there. Take business trips to different parts of China. Consider visits to both large- and medium-sized cities to get a flavor for each. Go to a city in the north and the south. And perhaps visit a city somewhere in between, maybe a place outside of Shanghai. Attend business networking functions while you’re there. Go to some trade shows. Visit factories if you can.

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