三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Companies

Chinese investors in US: do your homework

By Michael Barris in Dothan, Alabama (China Daily USA) Updated: 2014-03-31 10:58

 Chinese investors in US: do your homework

Amschel Foltz (left), a local translator, speaks with Lian Ning, the general manager with Nanjing Zijin-Lead Electronics Co in the sponsor tent at the US-China Manufacturing Symposium in Dothan, Alabama. Michael Barris / China Daily

It's a message that seems obvious - if you're a Chinese business person planning to invest in the United States, and are unfamiliar with its cultural and business traditions, do your homework.

Yet, despite the flood of recent books and articles on the differences between the two nations, Chinese investors often fail to conduct sufficient research to boost their chances of succeeding in the US market. As Chinese business people increasingly weigh establishing operations in the US to take advantage of its lower energy and labor costs and to be closer to a key export market, learning the finer points of how to do business in the US is critical.

"Not only do they (Chinese business people) need to know English, but they need to understand the US culture," said Fanny Wang, a program director with Sozo, the Hong Kong-based economic development group that co-presented the US-China Manufacturing Symposium in Dothan, Alabama, last week, where the message of doing your homework was stressed repeatedly.

At the simplest level, Wang said, Chinese considering US investment need to be able to communicate their expectations clearly to employees. "You want to make people want to work with you," she said. "You can't really use a translator or a translation to tell them what you want, because you can lose a lot in a translation. So you really need to put an effort into learning the language."

Francisco Sanchez, former US undersecretary for International Trade at the US Commerce Department, advised Chinese business people in the audience who were contemplating US investment to "take the time to learn how things work here. The best advice I can give you is to challenge deep seated assumptions you may have about what it takes to be successful."

"Put the right team around you, get the right advice, learn what it takes to be successful, get the right partners," Sanchez said. "You better have the right lawyers when you start to run a business, especially in a country like the US, where the rule of law is so strong."

"Get a good accountant," he said. "Get good local consultants. Getting the right team makes all the difference in the world."

Time will tell whether these words sank in. Judging from the participants' reviews, the symposium got things off to a good start.

"It was a good stepping stone for Chinese companies to set up operations in this area", said Colin Young, Asia manager for the International Commercial Banking Group of BBVA Compass, the Birmingham, Alabama-based financial-services company. With manufacturing in China straining against rising labor costs and overcapacity, Chinese business people must "diversify their marketplace and globalize their business, Young said. The symposium has given Chinese investors an incentive to follow South Korea's model in putting money into the US South, said Young, an Atlanta-based native of Seoul.

Matt Parker, president of the Dothan Chamber of Commerce, said the event "opened the eyes" of first-time visitors to the South. "They see that it is easy to do business here," he said.

Jeff Carroll, a Dotham resident who runs Great Designs Inc, a local contracting company, said the symposium helped "open up the dialogue and forge a relationship between the two countries. It gave each country an opportunity to learn about the other," he said. "We're different, but with a lot of similarities."

Jim Yu, a representative of the town of Donalsonville, Georgia, forecast increased Chinese investment in the South, crediting the symposium. "They love the Southern hospitality," Yu said. "The next five years, just watch, Chinese investment in the region will go up."

 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 香蕉福利久久福利久久香蕉 | 亚洲午夜影视 | 图片综合区 | 国产美女高清片免费观看 | 欧美一级做a影片爱橙影院 欧美一级做一a做片性视频 | 一级a毛片| 欧美黑人性猛交╳xx╳动态图 | 国内精品不卡一区二区三区 | 曰本变态bdsm色虐七v | 国产片欧美片亚洲片久久综合 | 日产国产欧美视频一区精品 | 夜夜夜爽爽爽久久久 | 日本高清毛片视频在线看 | 加勒比一本一道在线 | 亚洲精品一区二区手机在线 | 黄色网址在线免费看 | 亚洲伊人影院 | 亚洲自拍色 | 美女内部福利视频在线观看 | 国产情侣真实露脸在线最新 | 亚洲国产麻豆 | 久久永久免费中文字幕 | 国产成人毛片精品不卡在线 | 欧美视频在线观看免费精品欧美视频 | 国产夜色| 欧美性综合 | 国产高清免费视频 | 8x华人永久免费 | 日韩国产欧美视频 | 国产高清色播视频免费看 | 国产一区二区三区波多野吉衣 | 国产精彩视频在线观看免费蜜芽 | 欧美在线观看一区二区三 | 成人欧美在线视频 | 国产免费无遮挡精品视频 | 色综合婷婷 | 亚洲国产日韩女人aaaaaa毛片在线 | 宅男噜噜噜一区二区三区 | 成人欧美一区二区三区白人 | 亚洲综合极品香蕉久久网 | 亚洲欧美小视频 |