Collaborating for Business Success in China
Victoria University's Dr. Val Lindsay draws on a recent research project to illustrate how sector-based collaboration can play an important role in NZ Inc.'s success in the Chinese market. Recent research by a team from Victoria University on building a sustainable competitive advantage for New Zealand service firms in...
SMEs in China and How to Manage One: Part II
Lessons 6-10: From spreading your wings to China in crisis Twenty early business lessons from a China entrepreneur. By now the business was starting to be noticed within the expat community. It was time to hang out at foreign chambers and other trade bodies. The local British Chamber of Commerce was based in...
The Birth of a Salesman: What makes a great salesperson in ...
If you are a lawyer, you studied law. If you are an accountant, you studied accountancy, and if you are an engineer, you studied engineering. However, there is no Bachelor of Applied Sales. No Degree of Haggling. So how does someone become skilled in the sales profession? What are the characteristics of a...
China Manufacturing Agreements: Watching The Sausage Get Made
From ChinaLawBlog.com: In going through old emails, I came across a couple from co-blogger Steve Dickinson to a client that was going to have its relatively complicated product manufactured in China. This company was engaging in outsourcing for the first time and we were assisting with the contract. Steve's...
Chop Chop: The role of the little red stamp in China business
The little red stamp plays a powerful role in China’s business world. It is no secret that Chinese rules of business differ from those elsewhere in the world. One difference that Western companies doing business in China usually find surprising is the importance of the Chinese Company Chop (the company stamp or seal)....
SMEs in China and How to Manage One: Part I
Twenty early business lessons from a China entrepreneur. Lessons 1-5: From tenacity to bulkhead financing. One of the phenomena that crops up after a long career in China is the style of the questions that get asked. When once it was questions over taxes for representative offices, the impact of WTO accession, or...
Chinese Negotiating Best Practices: The Chinese BATNA
BATNA Basics: You’ve always got alternatives, even if they are unattractive. BATNA is your Best Alternative to No Agreement. It’s your condition when the counter-party you are negotiating with gives you a final and definitive NO. If you have a mediocre job and are talking with a new firm about a better...
China’s HR Market: How Much Are Your Employees Worth?
While 10 years ago, China’s low-cost labor force was one of the major drivers pushing foreign manufacturers to choose the emerging nation as their production base, nowadays China’s human resource (HR) market is witnessing significant changes alongside its developing industrial landscape. But while it is widely...
Brain Power: China as a base for R&D
MNCs are falling for China’s potential as a base for R&D, and Shanghai is leading the way By Sophie Chen According to incomplete statistics from China’s Ministry of Commerce, by March 2010 China had more than 1,200 R&D centres set up by MNCs. Driven by a market of over 1.3bn...
Ten Highlights of China’s Commercial Sector for 2011
The Li & Fung Research Centre have once again assembled their panel of experts to identify and comment on the trends that will shape doing business in China in the year ahead. China’s consumer market has demonstrated strong resilience in the post-crisis era. The year 2011 marks the beginning of China’s...
Into the Rabbit Hole
How did business fare in 2010, and what’s coming up for foreign enterprises in China in 2011? Hear from players in three Chinese industries that should be of interest to New Zealand businesses: the food and beverage industry, the manufacturing industry and the ecommerce industry. By Sophie Che (Shanghai Business...
Selling and Distributing in China without a Legal Presence
In this article Chris Devonshire-Ellis, of Dezan Shira & Associates, considers ways for SMEs (without decades of China-experience or an unlimited China-budget) to be successful at selling in China As I travel a lot globally (last month India and the United States, this month China and Europe), I’m seeing a lot...