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what do you mean by doing business in china? doing as in you're based in the mainland or more like trading with guys from the mainland?

 

if your doing the first one, & suppose you'd be based in the mainland, you have to know at least a little of the language. mandarin so its universally understood specially by the business sector. then you have to have a guangxi, plus all the requisites of a regular business profile. capitalization could be minimal for manufacturing business but others, i don't know. government regulations are just regular like philippine standard except for monetary fluctuation issues. its prohibited to send out dollars out of china or profit from the fluctuation of it. this can be arrange with simple regulations & procedures. whew, daming gagawin, but if you are really interested, you can ask some guys doing it now in china, like some filipino guys doing it good in hongkong then they transfer their operations in shenzhen.

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what do you mean by doing business in china? doing as in you're based in the mainland or more like trading with guys from the mainland?

 

if your doing the first one, & suppose you'd be based in the mainland, you have to know  at least a little of the language. mandarin so its universally understood specially by the business sector. then you have to have a guangxi, plus all the requisites of a regular business profile. capitalization could be minimal for manufacturing business but others, i don't know. government regulations are just regular like philippine standard except for monetary fluctuation issues. its prohibited to send out dollars out of china or profit from the fluctuation of it. this can be arrange with simple regulations & procedures. whew, daming gagawin, but if you are really interested, you can ask some guys doing it now in china, like some filipino guys doing it good in hongkong then they transfer their operations in shenzhen.

 

ok if anyone knows anyone there in china or at least speak the language as one of our friend is in this forum, then everything is set. i have the perfect business idea to pursue with minum fuss or none at all.. click below pls..

 

www.my.ws/eagle1hosting

 

if we cannot penetrate them in their airspace, we can surely penetrate a third of the global population in cyberspace...hit the link and turn on your speakers! :thumbsupsmiley: :thumbsupsmiley:

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Doing business in china is not as easy as you imagine it to be. Firstly you have

to speak their language. That is Mandarin. If you do not know, forget it. Most

likely you will be cheated. Yes there is a lot of business potential but you just have

to be careful with the people there.

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Just this little insight.

 

China is now both a superpower (yes it is; even the US won't mess with it now) and an economic power. But doing business with China isn't that easy because it has a system that is both capitalistic and socialistic. That means you have to deal with a stubborn bureacracy, even in purely business matters.

 

Some years ago, when some colleagues and I were discussing how to penetrate the Chinese market for a particular project, one rather elderly participant gave all the negative aspects of opening a business in China, particularly as it involved the government (he had actual experience). We were all peeved, because we wanted to be positive. In the end, he was proven right.

 

The truth is, China doesn't need anyone. It can dictate its terms.

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  • 6 months later...

My dad and i, we have some business interests there, we started in shishi city an hour's drive from xiamen.....we invested in some factories of family friends.....then slowly used the profits to set up a school.....then an international school....then a resto......then an internet shop......right now me and my dad we are planning to export some stuff from the phil to china.....

 

its hard at first....but it helps if you got people u trust over there which is very rare......and the right connections.....boommmm!!!! ul make it...just dont lose hope and who knows.......

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  • 2 weeks later...
  • 9 months later...

CHINA BOOM is not what it seems.

They will thrive but somehow there is a downside after the 2008 Beijing Summer Olympics. As reported in C-Span and Fox News.

Business investors and speculator will probably move to Southeast Asian countries like Philippines, Malaysia, Singapore etc. giving back the glory of the old tiger economies growling again compared to the ballooning red dragon - China.

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  • 2 weeks later...

Maybe too late to do Business in china right now. But if you have the right connection. Why not.

But first you should learn to speak Mandarin.

I can speak Mandarin, and Cantonese. Maybe is a good idea to setup a Chinese speach class here in the Philippine right now. :thumbsupsmiley:

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