Top 10 Things You Need to Know About Doing Business in China

It’s a global economy. We know that. But what does that really mean? It means that even if you decide to start a business tomorrow in your hometown, more likely than not, you’re going to have to turn to other parts of the world to make your business efficient and profitable. For many business owners, that other part of the world will most likely be China.

The economic powerhouse has defined itself by becoming the manufacturing go-to source for companies worldwide. Many businesses rely on manufacturing their products in China to help offset the costs of production. But large companies aren’t the only ones to capitalize on outsourcing; small businesses also benefit. Although specific rules apply depending on what you’re producing or manufacturing overseas, there are some general tips to outsourcing your business processes to China. We consulted with Rosemary A. Coates, president of Blue Silk Consulting and the author of 42 Rules for Sourcing and Manufacturing in China, who provided us with her top 10 tips  for doing business in China. Here are her recommendations:

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