http://www.youtube.com/watch?v=-TIPHGkYeHA
Foreign companies that partner with Chinese companies – whether in a JV or otherwise – need to be certain they know who they are dealing with. It is not unusual for Chinese companies to "embellish" their capabilities – a wholesaler masquerading as a manufacturer for example. Foreign companies that are accustomed to a high level of honesty and transparency are well advised to apply a healthy dose of skepticism to new business relationships. In all but a few cases, the need for appropriate diligence can hardly be overstated.
Comments