With so many distractions occurring around the world (Hong Kong unrest, Taiwan elections, US-China Trade War etc.) our ACSME Roundtable in August generated a lively discussion about the Australia-China relationship and the opportunities
It seems everyone enjoyed listening to Bo Ji’s Win In China seminar series and received great value from attending our ACSME event in Melbourne.
Here were the key take-outs:
The theme for our April Roundtable was “Exporting to China” and attracted a diverse and committed group of SMEs with an interest in China, either to export their own products or services to China, or to support others (clients, friends, colleagues) in their export journey.
Our ACSME Roundtable in March was, according to all participants, one of the best ever! There was no speaker, theme or topic. Instead, everyone was invited to introduce themselves and their business and tell the group about their greatest challenge in relation to doing business in or with China.
A Happy New Year and best wishes for the Year of the Pig to all of our members, partners and followers.
We kicked off the New Year this week with a highly interactive session of ACSME members and guests in which we asked two questions:
It’s the first day for a young Chinese intern ‘Li Wei’ at a Sydney based architectural firm. Li Wei has achieved steady results throughout his post-graduate studies at a major Sydney based university. As with many international students studying in Australia, Li Wei has had to overcome language challenges.
As a facilitator of investment, trade and business between Australian and Chinese SMEs, I am always faced with two major challenges:
1. Cultural differences
2. Complexity and costs involved in establishing and running a business in China
In China, face is very important. It decides whether you will enjoy a decent reputation in your community. If you have face, you’ll be able to command some people in your surroundings and most importantly in your company.
The American Chamber of Commerce in China conducts an annual survey to identify the major challenges faced by US companies in their China operations. For the past 5 years, the issue of IP has not been in their Top 5. As an example, they see inconsistent regulations or current labour conditions as more important challenges to their business than IP protection.