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International Business to Business
Your Personal Assistants in China |
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While
Australian shelves bulge with Chinese-made goods, China's imports of
Australian-made products are also growing,
having doubled since 1990, to make China our 3rd largest trading partner.
Australia is
China's 9th biggest trading partner, its largest supplier of wool and
a key source of iron ore.
Add WTO membership, the 2008
Olympics and strong economic growth, shouldn't you be headed to China
with your order book?
Although China's economy is one of the world's
bright spots, which offers great opportunities, market penetration
requires proper information and planning.
Some pitfalls experienced by
some western companies include not having clear contract terms, not
checking out the buyer beforehand, not learning about the Chinese laws.
Remember, it's a newly opened market with a different culture. However,
companies that do their proper homework and due diligence are finding
much success in China.
