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You have made some tangentially valid points, but those comments have nothing to do with entrepreneurship in China, which is the context of the article. The tit
by ksk 9y ago
You have made some tangentially valid points, but those comments have nothing to do with entrepreneurship in China, which is the context of the article. The title is in response to criticisms that US companies find it hard to setup shop in CHina. Jack claims that Chinese companies find it hard to be successful in the US market too. Anyway, I'm hoping you'll read the article :)
Also, just a suggestion, but if you're a US citizen, don't be so quick to point fingers at other countries. If you want to divorce yourself from the actions of your government, you personally can claim to be on some sort of moral high ground, but when generalizing the morality of countries' domestic/foreign policy, nobody is a winner here.
- GuardianCaveman 9y agoThe guy says in his comment he is Canadian so no anti-US moral high ground argument here.
- rrggrr 9y agoExcept that it exceptionally difficult to start a company in China for foreign firms; and that difficulty - spanning decades - has provided China advantages it used for purposes well beyond leaving developing nation status. If you thought American hegemony was bad, stay tuned.
- ksk 9y agoYeah, it probably is very hard to start a company in China. I think his point is 'complaining won't get you anywhere'. Either you can ignore China, or simply deal with the reality of the current situation and figure out a solution. >has provided China advantages it used for purposes well beyond leaving developing nation status. Sounds like - https://en.wikipedia.org/wiki/Infant_industry_argument https://en.wikipedia.org/wiki/Infant_industry_argument
- sdm 9y agoI've gone through the process of starting a WFOE and I'm currently in the process of setting up a JV with a local partner in China. Yes, it takes longer than starting a company in Canada: about 6 months in China vs. about 2 business days in Canada. I would describe the process as more "tedious" than "difficult". But what is important is that it's not much more difficult than for a local to start a business in China. Any difficulties are due to China's large and annoying bureaucracy than anything nefarious. If you're doing business in China you will have to deal with bureaucracy. It's annoying and it sucks, but it also hits everyone, local and foreign, more or less equally these days (that wasn't so much the case 10 years ago).
- owebmaster 9y ago> If you thought American hegemony was bad, stay tuned. Sorry man, we don't suffer from stockholm syndrome. It's still time to change America but the current one isn't hegemonic anymore.
- deleted 9y ago[deleted]
- 3pt14159 9y agoMany of my points are directly related, and the others colour in how China treats capitalism: As a tool to use when it is in their interests, not as a level playing field. Entrepreneurs in China get somewhere if they're Chinese.
- ksk 9y agoIf your goal is to get China to change, join the politicking line, and wave your banner as hard as you can. If your goal is to start a business, then you simply have to deal with the current reality, and figure out a way. The article is for the latter group. There are US companies all over the globe, in varying kinds of markets, and political climates, and China is no different.