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Don't they say the same thing about China and it's rule of law, or lack of? Yet Western businesses flock there. If I were an investor and an entrepreneur gave
by notjackma 12y ago
Don't they say the same thing about China and it's rule of law, or lack of? Yet Western businesses flock there.
If I were an investor and an entrepreneur gave me all these reasons for not entering the Russian or Chinese market, as well as refusing to do business with companies from these countries, I would quickly show them the door.
- seanmcdirmid 12y agoGoogle left china way before they left Russia. Plenty of western companies have trouble working in China, especially since the market has closed up a bit since the Olympics. After Google left China, their stock went up over time, still much larger than Baidu whose protected market is limited to the mainland.
- JumpCrisscross 12y agoChina's economy is big, growing, and rapidly diversifying across industries and into consumption. Russia's is treading water, concentrated, and shrinking away from consumption. China also has more pro-business and -investment infrastructure than Russia, e.g. well-defended special economic zones, empowered pro-development governance, etc. Bejing has been more stable and predictable in respect of these priorities than Moscow.
- fidotron 12y agoChina has improved governance fairly rapidly. Sadly, I think it's clear Russia have regressed badly. A good example of the Chinese situation is AMSC: http://www.bloomberg.com/news/2014-02-19/china-supreme-court-ruling-favors-amsc-in-two-sinovel-suits-1-.html http://www.bloomberg.com/news/2014-02-19/china-supreme-court... Now, the situation shouldn't have arisen, but as the CEO has observed people thought merely trying to get the Chinese court system to go along with them was nuts. In Russia this would be game over already.