Chinese Business Blogs

Asia Biz Blog
Business and Law for China and Asia

All Roads Lead to China
China Based News Analysis, Strategic Insights and Advice

Beijing Man
Pictures and Words: Understanding Business in China

China Law Blog
By an International Law Firm for Small Business

China Web 2.0
The Next Generation Web in China

China Economic Review
Blog for the CER Magazine

Managing the Dragon
Business in China from the Ground Up

Web 2 Asia
Web Expansions Into Asia

China Venture News
China Venture Capital and Investment News

China Success Stories
China Business Success and Experts

China Sourcing Blog
Industries, QC, Regulations and Logistics

Smart China Sourcing
Importing from and Sourcing in China

China Economics Blog
Statistics and Academic Analysis on China's Economy

Trade Media
China and Global Trade Media and Issues.

China Vortex
Internet Marketing and Technology in China

Silicon Dragon
Silicon China: High Tech in Asia

Chinese News Sites

China Development Brief
On Social Development and Civil Society in China

General News on China

China Economic Net
Chinese Economic News

China Daily
Only National English Language Newspaper in China

China Sourcing News
News and Information for Sourcing and Supply Chain Professionals

China News Wire
Press Release Distribution Service for China

China Retail News
News, Trends and Information for Retail Professionals in all Sectors

China CSR
News on Corporate Social Responsibility in China

China Tech News
IT, Internet and General Chinese Technology News

China Business Network
International Business Professionals in China

Chinese Government Sites

China Education and Research Network

China Vitae
Biographical info on over 3000 Chinese Leaders

China Government
Official Chinese Government Website

Invest China
Chinese Trade and Foreign Investment Information

Xin Hau News Agency
Official Chinese Government News Agency

China Securities Regulatory Commission

China State Internet Network Information Center

China Prime Blog

China Investment Opportunities: Setting Ourselves Up for Success

As China is getting more assertive and the government’s stimulus money is buoying the economy, the China investment opportunities seem to be getting more difficult.

As ChinaLawBlog’s Dan Harris reports, hurdles are increasingly being placed in the path of foreign companies wanting to operate in China Clive Palmer’s recent run-in with Li Xiaolin (chairwoman of China Power group, and daughter of former premier Li Peng) is instructive: He was trying to show his prowess by pointing out the export contract he had signed, only to clarify its being a framework agreement.

Lessons to take away from this incident are rather more complicated than just increasing difficulty, however. As pointed out by John Garnaut (in the Sydney Morning Herald, Feb. 15, 2009) investment in China cannot be completely removed from politics – and business with China increasingly has to be done on Chinese terms.

As Australia’s “The Age” pointed out, cooperation is commonly approached the Western way, focusing on legal contracts. As in politics, China’s increasing standing has led to a belief that China should now be just like any other business environment, but it may be becoming even less so.

Going in for a quick buck and treating the Chinese business partner as unequal is raising rather more reminiscences of China’s past weakness nowadays, making things more difficult. On the other hand, especially in this environment that is apparently focused on mutual benefit and cooperation between equal partners, building trust over time becomes all the more important.

Things still need to be done to be legally airtight (ChinaLawBlog has great examples for this, e.g. here or here), but also with a better engagement in the Chinese way of doing things through guanxi (relationships).

Clive Palmer’s travails also provide another lesson: Even if the investment climate in China is getting rougher, China continues to grow and develop – and look for future investment partners. China investment opportunities will, no doubt, continue to present themselves to smart Western business executives who understand the differences between, and the similarities with their “Western business mindset.”

This entry was posted in China Investment Opportunities and tagged , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>