4 ms·
It's misleading to compare china to russia like this[1], commercial law in general (IP rights being an exception) is paid more respected in China than in Russia
by fgf 16y ago
It's misleading to compare china to russia like this[1], commercial law in general (IP rights being an exception) is paid more respected in China than in Russia. As a businessman in the former you don't face the risk of "shakedown by government under threat of extreme lack of liberty, torture, or death" in Russia the risk to both your property (apart from IP) and personal safety is considerably larger (and less predictable).
[1]http://books.google.com/books?id=YlKYLRjcoi0C&pg=PA39&dq=%22Rule+of+law+in+Asia%22&ei=hcIASqy4KKGeygSpzf2vDQ#v=onepage&q=%22Rule%20of%20law%20in%20Asia%22&f=false http://books.google.com/books?id=YlKYLRjcoi0C&pg=PA39...
- rms 16y agoI'm aware that China is safer to business people than Russia, but I still do not trust the CCP enough to do business with them. Look at what happened with Google.
- gritzko 16y agoIn the current circumstances, attracting investors by tax breaks is a bit naive. Staggering amounts of money are simply getting stolen. see e.g. http://www.boston.com/news/world/europe/articles/2010/04/01/activist_presses_russian_corporations_for_openness/ http://www.boston.com/news/world/europe/articles/2010/04/01/...
- jteo 16y agoFor folks interested in China: please please visit the country first. Business there is all about networking and inside connections, and fraud is a large problem. The business culture there is completely different from anything in the Western world, so please leave your preconceptions at the airport.