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This is not some mom & pop shop, when multibillionaire companies sign billions of dollars of MOU, it has to be worth something. You could argue MOU is jack shi

by pavs 8y ago

This is not some mom & pop shop, when multibillionaire companies sign billions of dollars of MOU, it has to be worth something. You could argue MOU is jack shit in general, but saying MOU is jack in China but China is great to do business with does not a computer, considering some of the largest companies in the world are signing MOUs and going ahead with their project just fine.

JumpCrisscross 8y ago
> You could argue MOU is jack shit in general MOUs from non-mainland companies may get you financing. MOUs from mainland Chinese companies will not. They have a high rate of falling through, and are most properly treated as prettified e-mails. Different commercial cultures.