A Guide to Doing Business in China

China's Five Surprises: A Guide to Doing Business in the World's Fastest-Growing Economy

by Edward TseShanghai, January 16, 2006 --

Foreign companies conducting business in China as the country briskly transforms itself into a market economy will succeed only if they can get inside the minds of their Chinese competitors (or partners).

Five facets of business in China may surprise most outsiders:
- Local entrepreneurs are interested in producing global brands, not just low-cost commodities
- China has become a hotbed for rapid innovation
- Executives from around the world are moving to China for the long haul
- Good management and transparency are starting to count more than patronage, at least in some sectors
- China is becoming a catalyst for growth in emerging markets throughout the developing world.

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http://www.strategy-business.com/resilience/rr00028