InvestorsHub Logo
Followers 16
Posts 2426
Boards Moderated 0
Alias Born 08/15/2006

Re: Fishing at Surfside post# 75032

Thursday, 06/19/2008 5:03:03 PM

Thursday, June 19, 2008 5:03:03 PM

Post# of 97598
That is very true and extends well beyond business.

"In North America, the model is to make a deal, make some money, and then build a relationship. The China model is to build a relationship first, then strike a deal, and profit is expected thereafter. Trust comes from friendship. . . . Chinese businesspeople prefer to do business with friends."

In America we want "New and Improved". In China they want "Old and Proven"

If these guys make friends with the Chinese, especially the Chinese Government... The plus is they are sure to succeed and be prosperous.
The minus is if they don't listen or upset their friends ... well you know what happens to people who don't listen to the G in China. :) That said, the Chinese Government can move a lot of water.



If you're not living on the edge, your taking up too much space.