Differences and similarities of American and Chinese consumers
Americans have certain spending habits, merchandise preferences and values that drive their purchases, and Chinese consumers do too. As a business owner looking to expand into China, it’s important to understand how American consumers differ from their Chinese...Three tips for entering the Chinese marketplace
Most people understand that starting a business in another country will be different than starting a business here in the United States. What some people don’t realize is just how different China’s market is from the United States’. Because of...How are established companies dealing with current events?
As a business owner, you know how important relationships are for the success of your company. You likely strive to develop a company culture that will attract those with whom you want to do business. It can take years to develop trusting cross-cultural relationships....Tips for negotiating licensing deals in China
Many businesses look to licensing deals with Chinese companies as a low-cost way to enter the Asian market. However, while an agreement to license your product in China can provide many benefits there are a few important differences between the U.S. and China that...New trade restrictions affect both China and America
In many business decisions, you can look at your market competition, location and customer demand to determine the probability of your success. But when you consider starting a business in China, there is much more at stake. Many American companies manufacture their...Want to go green? Try China.
Many business owners struggle with balancing the development of a profitable product or service with taking care of the earth. And in some international business endeavors, you might find different definitions of what encompasses “going green.” If you are...What is the value of respect? Doing business in China.
If you want to conduct international business, you are not alone. In some cases, multinational connections can help you increase sales in more ways than you imagined. However, when doing business in another country, you must remember that different cultural norms...Safeguarding one’s intellectual property in China
Despite intellectual property protection improvements, American businesses remain cautious about doing business in China. IP is at the center of their concerns. Commentary in The Heartland Institute publication mentions the value American companies place on IP...Improvements made in doing business in China
The market in China is too big for American businesses to ignore. Despite pessimistic assessments, there are signs that America and China are resolving business issues. In its analysis, the Brookings Institution highlighted areas of success. While China only joined...
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