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Adam Roseman, CEO of ARC Investment Partners, a Beverly Hills-based private equity firm.
Certainly, in order to do business in another country, there are many things that you must take into consideration. For those who have been successful at doing business in China, like ARC China with Adam Roseman, they have followed through with these tips, and have found many of their own as well.
Before investing in China, you need to understand the culture of the country. Particularly if your company is going to open an office in China, like ARC China has done, you’ll need to truly invest time and energy into getting to know their work ethic, policies, ways of operating and more.
Next, make sure to get to know China’s business culture. What works in the American business world does not, necessarily, work in China. You’ll need to figure out which region of China to focus your energies on, and will need to learn how the local people think and do business.
You’ll need flexibility and adaptability to say on top of your business practices there.
Stay up to date on the economic news from China. Gain insight from leading investors in the Chinese market, like Adam Roseman of ARC Investment Partners. Follow the economic trends and changes occurring in the global marketplace, as they relate to changes taking place in China.
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