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In 1978, after years of state control of all productive assets, the government of China embarked on a major program of economic reform. In an effort to awaken a dormant economic giant, it encouraged the formation of rural enterprises and private businesses, liberalized foreign trade and investment, relaxed state control over some prices, and invested in industrial production and the education of its workforce. By nearly all accounts, the strategy has worked spectacularly. While pre-1978 China had seen annual growth of 6 percent a year (with some painful ups and downs along the way), post-1978 China saw average real growth of more than 9 percent a year with fewer and less painful ups and downs. In several peak years, the economy grew more than 13 percent. Per capita income has nearly quadrupled in the last 15 years, and a few analysts are even predicting that the Chinese economy will be larger than that of the United States in about 20 years. Such growth compares very favorably to th

Business Development International - China Advisors - Mr Robin Nunley We deal with many executives who are responsible for China business and they mention these critical problems when developing their business in China: • The influence of government in industry and commerce • Rapid changes in the economy; difficulty in obtaining an overview of what is actually happening; • The differences in business culture between “East” and “West”; • Everything takes too long; • The problems of negotiating with the Chinese and determining what they really want; • The blatant use of manipulation and tactics in negotiation; • Intellectual property risks; Our approach as consultants is to: • Utilise our experience of international business, sales and marketing, market analysis, human resource development, business planning and strategy formulation to provide our clients with a multi-disciplinary capability; • We improve the cost effectiveness of client assignments by: • Clear