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Thai Companies' Forays in China Need Careful Study, Expert Says.
May 12--Companies interested in Chinese markets should carefully study local regulations and prepare detailed business plans before entering the markets, a trade specialist has suggested.
Winson Fung, Asia sales manager of Global Sources Ltd, said there was a lot potential in the country with a population of 1.3 billion as Chinese people preferred buying foreign goods and the reforms of the new government had created a favourable environment for investment.
However, China had complicated local laws and regulations and there was also many violations of intellectual property rights, two factors new investors must be aware of, he said.
Global ...
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Source: HighBeam Research, Thai Companies' Forays in China Need Careful Study, Expert Says.