By Jeremy Haft
A pioneer stocks the secrets and techniques to making jobs and reaping gains doing company with China
Is China a probability to America’s fiscal destiny? simply the other, says overseas businessman Jeremy Haft. China is a boon for company: the potential of an entire life to create jobs, construct worth, and earn a living. All the Tea in China demonstrates America’s overwhelming aggressive virtue over China within the international economic climate. And it highlights the many industry possibilities for corporations of all sizes, in all sectors. China is way and away the quickest becoming marketplace for U.S. items and companies on the planet.
regardless of the excellent news, China continues to be some of the most difficult working environments, and it’s effortless to make expensive errors. Haft demonstrates find out how to keep away from the pitfalls, delivering an industry-by-industry consultant to purchasing from, promoting to, and competing with the chinese language.
The e-book can be packed with humorous tales of Haft’s hard-won classes as a China enterprise pioneer. It’s the main enticing, helpful booklet but in this very important topic.
Read or Download All the Tea in China: How to Buy, Sell, and Make Money on the Mainland PDF
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Additional resources for All the Tea in China: How to Buy, Sell, and Make Money on the Mainland
How you deﬁne a sale may not correspond to how they deﬁne a sale, a basic difference that will throw all your numbers out of whack. After deﬁnitions are clariﬁed, you’ll still need to verify every number with documentation. Insist that every single commercial document associated with a given order be reviewed by you: wire conﬁrms, invoices, and bank statements are especially important. That way, you’ll have a reliable basis of comparison, and you can vet your ﬁnancial statements accurately. In addition to ﬁnancial reporting, the fact that there’s no analog for ﬁduciary duty in China will also impact boardroom business planning.
The reality in China would prove very different from our expectations, of course. ACTS OF GOD, FORCES MAJEURES, AND MONDAY MORNINGS China is the land of the unexpected. Disaster just falls out of a clear blue sky. As you get acclimated to doing business on the mainland, you’ll get better at forecasting. But sometimes you’ll be blindsided by an event that could only be called an act of God or a force majeure. A vicious typhoon will come ripping through the town, and your factory will suddenly shut down for days.
I’m leaking through my garments. A tape of Britney Spears plays on continuous loop. We hear Side A and Side B in succession, over and over again, as the hot chalky dust starts to tickle my throat. I stare at the back of the driver’s neck. He’s sweating too. “Oops, I did it again . . ,” Britney clucks. I’m wearily nodding in agreement. We sputter into Plastics City. It looks nothing like what I had 24 ALL THE TEA IN CHINA imagined. It’s a grim old industrial park. Dingy factories are lined up in rows like vegetables in a garden.
All the Tea in China: How to Buy, Sell, and Make Money on the Mainland by Jeremy Haft