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15 August 2019, 05:11 AM | #1 |
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Doing business in China
Evening gentleman.
Any of you have experiance doing business in China? Planning of going there in oktober to Guangdong
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15 August 2019, 05:27 AM | #2 |
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From what close friends have said...
Don't expect to sleep much and get used to whisky -- by the bottle. |
15 August 2019, 06:01 AM | #3 |
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Yes. Took a mainland company public in Hong Kong. Not a pleasant experience.
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15 August 2019, 08:08 AM | #4 |
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A lot. I could be happy not doing that again.
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15 August 2019, 09:22 AM | #5 |
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My son is over there on a 90 day work visa (Petroleum Engineer) and we text daily and he loves it
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15 August 2019, 10:26 AM | #6 |
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Went to Shanghai for a week once. Unbelievable place, just huge. Feels like 3 Manhattans, with taller buildings. Sleep is hard to come by. I stayed in the Sofitel in PuDong, bed was a hard board and a fairly thin mattress, but I got used to it. One thing that surprised me in such a developed city you cannot drink the water. Brush your teeth with bottled and shower with your mouth closed. The better hotels have water systems that are supposed to make it safe, but it’s really not worth the risk. I don’t know anything about Guangdong, like going anywhere the city probably influences your experience. I’d go back to Shanghai as a tourist but wouldn’t be in a rush to go there for work again.
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15 August 2019, 10:32 AM | #7 |
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I briefly did some Emergency Medicine and EMS consulting in the mid-1990s in Beijing, Xian and Shanghai. The people I interacted with were friendly and helpful. The military and police, who are everywhere, were aloof and occasionally intimidating. I was attempting to take a photo of a line of armed soldiers in Tiananmen Square when the leader gave a command and they all pointed their bayonets at me. I gained about 10 pounds in three weeks eating great food. The air pollution was oppressive. As someone mentioned above, the water was not to be trusted. Ice in drinks was non-existent.
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16 August 2019, 12:57 AM | #8 |
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I lived in Shanghai for 2 years while setting up a Plastics company. Let me know if you have specific questions you need answered. I’m here
Sent from my iPhone using Tapatalk |
16 August 2019, 02:12 AM | #9 |
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nice sharing!
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16 August 2019, 09:22 PM | #10 |
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Mixed answers. Well I am curious.
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17 August 2019, 12:01 AM | #11 |
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17 August 2019, 04:39 AM | #12 |
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Have travelled to Beijing and Shanghai to help support the local office with a few events in the last few years. But these were short 1-week visits.
Would help if you had specific questions that you want input on.
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17 August 2019, 07:01 AM | #13 |
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I’ve done business in China for many years. The biggest advice I’d give you is to make sure you have an interpreter you can trust. It’s complicated, especially if you have to engage with design institutes and / or government officials.
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17 August 2019, 09:52 AM | #14 |
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Depending on which side of the deal you are on- negotiations are very different. They are very used to bargaining and the longer term play so take your time and don’t be in a rush. Wonderful country and people- enjoy your time there and take some of the amazing history and culture.
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17 August 2019, 10:01 AM | #15 |
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Have no experience doing business in China but I heard its not for the weak. Lots of gray areas and under the table transactions.
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17 August 2019, 12:27 PM | #16 |
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Things I’ve learned-
When you fly there leave early morning. Stay up the entire flight and you’ll get to where you are staying mid afternoon and the sun will keep you up. You’ll go to bed a little early but wake up on their time. Coming back I was always screwed lol. Don’t trust any local there. They will screw you out of a thousand USD to put a dollar into their pocket. And like said earlier don’t get the water anywhere close to your mouth. Are you going to be there for an extended time on a visa? If so there is a lot into just getting the visa. Go order the dumplings whenever you can. |
17 August 2019, 07:30 PM | #17 |
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I have lived and done business in China for getting close to twenty years. A few simple rules:
1. Treat people with respect. I can't emphasize this enough. In my time here I have seen so many companies fail or screw up potential lucrative business because the people in charge (Westerners) believed they were better than the Chinese. 2. Have a good local person on the ground. Pay them through the nose. They will cover for the mistakes you make. You will make mistakes, but if you follow rule 1 they can be overcome. 3. Pay your local (Chinese) workforce well; above the market rate. If you are just viewing Chinese workers as cheap labor your company will be in for a rude shock. Chinese workers generally have a lot of options. Moreover, most of the low-wage work is being outsourced from China to places like Vietnam and parts of Africa. Other things to do will vary industry to industry. |
17 August 2019, 10:32 PM | #18 |
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Planning to go to the Canton fair and buying a container of elektronics, already had contact with the factory. So i dont think i have to deal wit goverment officials.
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28 September 2019, 10:41 PM | #19 | |
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Quote:
Dead on. I too used to live in Shanghai setting up a manufacturing company. Learned from my mistakes and the above rules will save you a lot of headache. Sent from my iPhone using Tapatalk |
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20 November 2019, 01:56 AM | #20 |
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Shanghai - Can anyone enlighten me with some directions/locations to find grey dealers in Shanghai, selling used rolex, AP, Patek, etc.? Any places where you can find the most dealers?
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