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Wednesday, November 4, 2015

Why western companies fail in China

Using American business models, failing to understand the Chinese market and blindly following a strategic plan that has not been proven to work in China is risky business. Chinese protectionist policies and pro-Chinese economic relations adds to the challenge of effectively implementing a commercial operation in China. Successfully running a business in China requires commercial insight, strategic business relationships and the blessing of regulatory policy in addition to a market-friendly operating policy. The following Signarama infographic explains some of the key reasons why some western companies do not succeed as well as they would like to in the Chinese market. 
Why Western Companies fail in China'
Embedded from Signarama Toronto