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Doing business in china
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Question posted: 05 09 2008 23:25:43 +0000,
1 answers, 170 views, last activity
07 06 2010 20:18:08 +0000
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True. The Open Door Policy was founded in the 1900's when US was trying
to have good trading with China. The Open Door Policy said that it
wanted to perserve the integrity of China, and "asked" many other
countries to trade equally with one another.
The truth is: it's not 100% true. Even the policy maker want to do so
it's a goal not easy to reach. The main reason is China has many
national owned business (industry or bank) which still play main role
in China economy. For a foreign company what very possibly happens is
all of a sudden this company finds out he is competing with a company
backed up by Chinese government.
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