By Jeremy Haft
A pioneer stocks the secrets and techniques to making jobs and reaping gains doing company with China
Is China a possibility to America’s fiscal destiny? simply the other, says overseas businessman Jeremy Haft. China is a boon for company: the potential of a life-time to create jobs, construct worth, and generate income. All the Tea in China demonstrates America’s overwhelming aggressive virtue over China within the international economic climate. And it highlights the many marketplace possibilities for firms of all sizes, in all sectors. China is way and away the quickest transforming into marketplace for U.S. items and prone on this planet.
regardless of the good news, China continues to be probably the most difficult working environments, and it’s effortless to make high priced errors. Haft demonstrates tips to steer clear of the pitfalls, delivering an industry-by-industry consultant to purchasing from, promoting to, and competing with the chinese language.
The publication can be packed with humorous tales of Haft’s hard-won classes as a China enterprise pioneer. It’s the main enticing, worthwhile e-book but in this very important topic.
Read Online or Download All the Tea in China: How to Buy, Sell, and Make Money on the Mainland PDF
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Extra resources for All the Tea in China: How to Buy, Sell, and Make Money on the Mainland
Most newcomers are shocked when visiting their ﬁrst Chinese factory. The methods and modes of production appear slapdash, primitive, and sometimes unsafe. The jobs you see workers doing are usually a kludge system the plant manager has whipped together to ﬁll orders and keep the factory going. They lack technology, they lack know-how, and they lack the capital needed to invest in better equipment—so they improvise. This is the Chinese manufacturing juggernaut everybody is so afraid of ? Our driver ﬁnds the plant we’re meant to visit ﬁrst, an air conditioner manufacturer, and we’re ushered through the gates.
To ﬂy, it takes about half an hour. To drive, you need to skirt the bay, one of the three largest in the world. That should take you about four to ﬁve hours, depending, of course, on what you encounter on the roads. They’re building a bridge to connect Shanghai and Ningbo—the largest transocean bridge in the world, modeled in the shape of a ﬂying dragon. When it’s done, travel time between the two cities will be cut considerably, facilitating the ﬂow of goods, capital, and people. We arrive in Shanghai faster than I imagined possible.
So in addition to manufacturing, American service industries have a huge head start and a tremendous edge over Chinese companies. It’s going to take time for China to evolve. The Chinese need to train a whole new generation of workers and management, as well as upgrade their capability by several orders of magnitude. That’s time for the American workforce to prepare—and for American industry to build Chinese market share. In addition to jobs, the ﬂat worldview also distorts our picture of trade.