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58 HOW TO DO BUSINESS IN CHINA
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:23:05
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Synopsis
Love Your Career Podcast? Let us know!Episode 58: The China Market is huge and doing business in China can be so confusing and challenging to navigate. Carsten Primdal is the founder of Vantage compliance & Mitigation, an offshore supply chain consultancy specialising in assisting businesses from Europe, USA, Japan, Australia to set up business in China and manage risk and compliance regarding their Chinese supply chain operations.Carsten generously shares with us what the new China Free Trade Agreement with Australia means for us, how many different business structures there are in China, the pitfalls to avoid and how he is able to assist companies to set up premises and businesses smoothly in China.Carsten shares his top tips to ensure success in this lucrative marketplace: 1. Understand the culture and business etiquette 2. ‘GuanXi’ Build a trusted network 3. Take the time to build relationships and always ‘give face’ to your business partners 4. Understand the language (at least enough for the pleas