Cross-Border Innovation, by Yushan Ventures, will bring you weekly insight and expert interviews on subjects relevant to our work around the globe. Strong focus will be on corporate and startup innovation as it pertains to doing business across boundaries and borders into Asia Pacific, the EU, and N…
Doing Business in China - Top Ten Do's DO # 1 - Be Prepared for the Great Firewall of China. Post-recording addition - Install and have ready at least two (2) VPNs on your devices and computers. DO # 2 - Install WeChat, China's killer app for everything. DO # 3 - Do hire translators or interpreters - your own! DO # 4 - Prepare an extra supply of your medication (including GI - gastrointestinal meds). DO # 5 - Do shop around - vendors, partners, interpreters, consultants, hotels, etc. DO # 6 - Do assume unbelievably low prices are achievable. "Getting to Yes" doesn't work in China. DO # 7 - Do investigate trademark protection in China ASAP. Don't wait. DO # 8 - Do use NNNs - non-disclosure, non-use, non-circumvention. DO # 9 - Make sure agreements are at least bilingual if not in Chinese. DO # 10 - Compliance - Follow the letter and spirit of the law - even if your local partners don't.
Cross-Border Innovation, by Yushan Ventures, will bring you weekly insight and expert interviews on subjects relevant to our work around the globe. Strong focus will be on corporate and startup innovation as it pertains to doing business across boundaries and borders into Asia Pacific, the EU, and North America. Feel free to follow Yushan on Twitter: www.twitter.com/yushanventures