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Foreigner running a (second) wholly owned venture in China here. While there are difficulties, the parent comment is certainly and completely wrong when it come
by contingencies 6y ago
Foreigner running a (second) wholly owned venture in China here. While there are difficulties, the parent comment is certainly and completely wrong when it comes to ownership. I do not think China's approach to foreign economic immigration is particularly "xenophobic", and the regular people are exceptionally warm and welcoming. It's all the other issues once you get here that do you in!
- antman 6y agoThanks for your input! Can you say in which kind of industry you are and a couple of key difficulties you faced?
- contingencies 6y agoFood logistics and robotics. Issues: horrific HR market, immature and ineffective court and legal system, unstable if nominally progressive regulatory environment, corrupt gatekeeping businesses and no antitrust oversight, obtuse and opaque regulatory processes, loss of foreign talent over COVID (government suspended the use of already issued foreign visas and the issuing of any new ones), general infrastructure issues, outright blackmail, etc. China is not for the feint hearted.