A recent report issued by Research and Markets addresses the issues concerned
in regards to conducting business in China. We here at TMC have our eye on
China, and as stated by Rich Tehrani, China is a formidable force in WiMAX and other technologies.
But there are matters to consider before you go ahead and invest business in
China.....
Because of the on-going liberalization and global market acceptance, China
has grown tremendously over the last few years. Despite the astronomical growth,
there are still many doubts and challenges in doing business. Key items to
consider are environmental: air, sea and road service as well as the economic
environment and market sizing and forecast. In order to jump into China's
ever-growing economy, companies have to invest billions of dollars on
infrastructure alone. Other brick walls? According to the report, the largest
obstacles are regulation, culture, weak infrastructure and undeveloped
industries. Without having any prior knowledge of China, anyone trying to do
business will certainly have a few wrinkles to iron out. Without any of this,
Research and Markets says that doing business in China is virtually impossible.
The full release can be read here on
tmcnet.com
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