Thursday, January 04, 2007 12:06:21 PM
From your post:
"Dr Jing Wang said Interdigital is a very important force in the TD-SCDMA field and had been very positive in supporting the Chinese government to develop TD-SCDMA. However, The TD-SCDMA Forum wishes to see more visibility and investment of Interdigital into TD-SCDMA technologies. Also, InterDigital should join hands with Chinese companies to work on the future evolution of TD-SCDMA.
TD-SCDMA Forum is a good platform to bridge all its members and the Chinese government. Dr. Wang stated that TD-SCDMA Forum would continue to improve its services to its members. He suggested Interdigital to have more contact with the Chinese government and other players in the TD-SCDMA industry chain. Both parties expected to communicate and exchange ideas about TD-SCDMA on a regular basis.
In addition, Mr. Boles and Dr Wang talked about business opportunities in the huge Chinese market as well as the possibility for Interdigital to establish a representative office in China to monitor and follow up the development of TD-SCDMA industry."
Having traveled in China extensively in an effort to do business, and failed miserably, I can tell you very simply what the three paragraphs above really say and mean:
Establish offices in China. File for Incorporation in China. The Chinese government will be your partner in this incorporation. Hire Chinese personnel and pay them in equivalent U.S. Dollars at the Chinese exchange rate.(as opposed to the "local" Yuan). You will fund the corporation entirely, and the Chinese Government is your partner.
JMHE (Experience)
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