Being the owner or manager of a company, regardless of the place in the world where you operate it, is always a challenging endeavor. Let’s face it, the process of doing business, setting up the corporate structure, selling, chasing clients, doing marketing, manufacturing, it’s always hard, even if the system is supportive of your operation. Even when everything is on your side.
Having a foreign invested company in China doubles that hardship, and in this case, many wonder if the “system” I mentioned above is indeed for you, indifferent of you, or against you.
The system that I mention is not only the enforceability of laws but also the transparency of the regulations, the costs, interaction, and relationship with the local authorities, and most of all, the perception that your clients and your business partners have of you.
Because of the state of the world and the level of tension and fragile diplomatic relations that the international community as a whole or individually as countries have with China, many of the foreign companies present in this market wonder in which direction is the pendulum going and simply put, they ask if things are getting better or worse, where business environment is concerned.
An on-the-ground understanding about the country’s business environment is thus revisited every year and foreign chambers of commerce in China often write and perform surveys on these matters, all intended to reassure the international business community of how things actually stand. This could indicate real versus perceived grievances, show how foreign companies engage with authorities, and what are the challenges and opportunities versus expectations and promises. This has been showcased in the recent American Chamber of Commerce (AMCHAM) report on the business environment in China – that everything is alright, and the future is promising.
Read More at https://www.china-briefing.com/news/south-china-business-environment-current-state-of-things-and-the-opinion-of-the-local-community-june-2021
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