Seeing China for what it really is...
For the past 6 months China has gone through what can only be described as a major dusting off of their regulatory system in terms of online activities within China. The laws and regulations have been around for a while, but as all things in China there seem to be a substantial time delay between when a law comes into effect and when the regulators actually start acting on it.
Seeing China for what it really is...
Last week I was forwarded an article (sales pitch actually) from a Singaporean consulting firm in Shanghai that makes a living providing “advise” to unsuspecting foreigners in China… The company shall remain anonymous, as I do not want to be sued for telling it as it is, but these guys are so full of it that it is hard to hold back.
They started by comparing “the cultivation of traditional guanxi” with pure corruption, and then went on to talk about how this is changing…
Seeing China for what it really is...
Firstly, it is not unique to China… Everyone does the same thing all over the world, but there it is called it lobbying, doing business with an old classmate, serving on boards of friends’ companies… It is all the same thing… A network established for the enrichment of the network and its members, but in China it sometimes presents itself in a more ugly way and to the detriment of gullible foreigners.
If someone tells you they have great guanxi and can help you make your business deal I have only one advice: