from communism to Entrepreneurship
When you get to China the first thing you notice is a completely non-Communist behavior. People do not walk the streets in their pajamas shouting slogans communist "... on the contrary, are the hardest working people on the planet, ambitious, enterprising and a fully capitalist mentality. It is assumed that remains communist but people only know about "Money, Money, Money."
Facts:
• 1946 - The Chinese Communist Party came to power.
• 1966 - Cultural Revolution
• 1976 - Mao Zedong dies
• 1979 - The province of Guangdong is opened to foreign investment.
• Since 1990 - State enterprises are privatized and China entering the WTO (World Trade Organization)
• In 2007, private ownership is a reality.
• Since the integration in the Global Economy China has grown at a rate about 8% per annum.
Importantly, China is a major transition ... but we must not confuse one thing ... China does not want to be the engine of world production, China is not to improve to compete with USA and Europe, but who wants to become the world's leading economy . Some analysts estimate that by 2045 China's economy could overtake the United States.
"So it's important not to go to China with an air of superiority or act as the saviors of the world"
Guangxi "Contacts"
In the West always do business with other companies in China ... but business is done with people. Guangxi is "Chinese-Style" Networking "which refers to the creation of a personal relationship based on trust and reciprocity. Is said to have good contacts in China is to have power ... "It's not important what you know but who you know."
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