Do you know how important the guest-host relationship in the hardware industry in China is? A few days ago, we shared a few recommendations on how you should act if a Chinese business partner invites you to their country in order to do business or close a deal. And today, we’re going to tell you what you should do if you are the one doing the hosting. […]
Today, we’re sharing some tips to help the guest-host relationship in the hardware industry in China flourish.As you know, at IBMH we have lived and dealt with the Chinese market for more than 20 years. This has made us deeply knowledgeable about their culture, their traditions and their way of working. […]
This 8 February was the most important holiday in China: the Chinese New Year was held. This celebration continues to be another manifest about the cultural differences between East and West that should be considered to do business in China. […]
In China there is a remarkable integration into the world economy. Each year, both the ratio of exports of Chinese goods and services and the foreign direct investment increase, which shows the good performance of the country's economy. On the other hand, constant improvements in the infrastructure of large Chinese cities are happening: motorways, airports, sea ports and power distribution have improved dramatically, representing a direct positive impact on the purchase management processes. In addition, rapid industrialization and the flexibility of the labor market have achieved a significant job creation, so increasingly we find people specialized in the production of items that benefit the quality of the Chinese results. Finally we highlight something extremely important when working with a country with so much potential: healthy macro-economic indicators. This, together with an increasingly sophisticated economic policy, provides a great macroeconomic stability.
