Foreign Entrepreneurs in China Should Be Aware – Part 2

Following on from my previous post, “Foreign Entrepreneurs in China Should Be Aware – Part 1” I will expand upon more of Bowei’s presentation. I got in touch with Bowei who kindly updated his slides.

In the last post, I wrote about the allure of China’s size and opportunity that shines so brightly it sometimes blinds foreign entrepreneurs who think they can easily set up shop and sell something that people will buy. Like everywhere else, doing business is hard. Doing business in China is even harder. There are some things you just won’t get until you come here, experience, learn, accept and adapt.

Competition is very much a factor start-ups must consider when entering a market. Do you believe you can beat them? If not, then why do it? Bowei touched on some good points that I will elaborate on:

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