Terms of frustration in China

May 14th, 2008  by China Business Success Stories

Terms of frustration in China

A simple taxi ride from Shanghai to Suzhou put me very much in mind of developing contracts with Chinese – even the simplest of contracts. Very seldom in business do Chinese adhere to the Letter of the Law, while they exorcise its Spirit at their earliest convenience. And if the agreement is verbal, then watch out!

The deal was this: for 300RMB – including tolls – the Shanghai driver would take me to Suzhou …

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