{"id":43,"date":"2006-11-06T12:51:56","date_gmt":"2006-11-06T04:51:56","guid":{"rendered":"http:\/\/www.metal-domes.com\/blog\/2006\/11\/06\/business-condition-in-china\/"},"modified":"2010-09-17T18:56:42","modified_gmt":"2010-09-17T10:56:42","slug":"business-condition-in-china","status":"publish","type":"post","link":"https:\/\/www.metal-domes.com\/blog\/2006\/11\/06\/business-condition-in-china\/","title":{"rendered":"Business Condition in Mainland China"},"content":{"rendered":"<div class=\"yzp-no-index\"><\/div><p>Why there&#8217;re more and more companies dedicated to explore the foreign market? There&#8217;re many reasons, such as  China has become a member of WTO, a big potential market and so on. I don&#8217;t intended to discuss these big issues here, but just analyze the business condition in Mainland China, and then I think you&#8217;ll get some hints.<\/p>\n<p>Firstly, let&#8217;s took a glance at this fact: &#8220;<em>According the analyse data, there&#8217;s at least two companies went bankrupt because of complexed triangle finance relation<\/em>.&#8221; What&#8217;s a triangle finance relation? Let&#8217;s explain it in a simple samples:  Company A is a components manufacturer who make the parts to Company B. B make goods for company C, D purchase the goods from C and sell them via supermarket E.<\/p>\n<p>When B buy components from A, he didn&#8217;t pay by check immdiately, generally is a 30 or 45, even 60 or 90 days monthly finance settlement. He promise to pay 30 or 45 days later, so it&#8217;s similar to 45 days D\/A. The same things happened when C purchase from B, D from C, E from D. Each process is complexed crossed, just like a lantern ring. Frankly, each payment promise in depened upon the previous company.  If everything is going goods, then it&#8217;ll be a happy ending for all. But how about the true?<\/p>\n<p>In fact, the market economy is not so matural as the western. Credit standing is a strangle thing in China. So maybe then factory A want B cash the chek in matural time, the B will be delayed or even rejected, and has lot of plea. So do the others. And then the whole lantern ring is destoried. The complexed triangle collapse. Then company A or C, or D have to declare bankrupt to protect his own interest.<\/p>\n<p>I think you&#8217;ll know the dangerous to do business with companies in Mainland. Althought seldom companeies existed, you can imagine what things will be happened till it done. Am I right?<\/p>\n<p>Secondly, Various people relationship<\/p>\n<p>Maybe we can call it &#8220;Chinese character&#8221;. You don&#8217;t know how complex it&#8217;ll be. It&#8217;s a mess. But I don&#8217;t want to explore it more, just touch the surface. To know the deepth of a river, you just need to step in. Am I right?<\/p>\n<p>Thirdly, different strange requests<\/p>\n<p>In fact, it&#8217;s also the Chinese character. Do you know why the Google can&#8217;t get big success in Mainland China as he get otherwhere? As someone joked:&#8221;To do business in China, you have to know the Chinese Character. It&#8217;s unique. The market will give a lesson to anyone ignore it.<\/p>\n<p>Okay, you&#8217;ve know these things. Maybe you become a scared to do business in China. But don&#8217;t worry, there&#8217;s one important thing I skip over is what I talk it&#8217;s business between Chinese merchant. When   foreign involved in, things will be changed. Everything will be smoothly. Why? It&#8217;s a Chinese Character.<\/p>\n<p>Maybe what I said it&#8217;s in a extreme way, it&#8217;s not a typical market phenomenon, and the fact is more better than what I saw and said.  But we can&#8217;t ignored it, yeah? Days after days, the business condition become better and better, then it&#8217;s the time to forget my words, treat it as a joking. ^_^<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why there&#8217;re more and more companies dedicated to explore the foreign market? There&#8217;re many reasons, such as China has become a member of WTO, a big potential market and so on. I don&#8217;t intended to discuss these big issues here, &hellip; <a href=\"https:\/\/www.metal-domes.com\/blog\/2006\/11\/06\/business-condition-in-china\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[8,1],"tags":[69,68],"class_list":["post-43","post","type-post","status-publish","format-standard","hentry","category-beside-work","category-business","tag-buisiness-in-china","tag-business-2"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/posts\/43","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/comments?post=43"}],"version-history":[{"count":1,"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/posts\/43\/revisions"}],"predecessor-version":[{"id":253,"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/posts\/43\/revisions\/253"}],"wp:attachment":[{"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/media?parent=43"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/categories?post=43"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.metal-domes.com\/blog\/wp-json\/wp\/v2\/tags?post=43"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}