China is much bigger than Europe. Most people are well aware of that. Also the country is not around the corner, this as well is common knowledge. Although we have quite some general knowledge about China, a lot of important business-related knowledge is not known. For instance the banking sector is still highly regulated, foreign currency exchange from RMB to any other currency is not so easy and business licenses are determined by business scope.

Read the rest of “Be prepared to improvise” or post a comment>>