Anyone else see this? Was on Channel 4 this evening.
A pretty interesting look at doing business in China, following three British entrepreneurs who have taken their companies there.
- One who had a failing cushion business in the UK, and borrowed money to build a factory in China to cut costs
- One who had invented a new product (an energy saving device for air conditioning) and wanted to sell it to the Chinese market
- And one who imported Chinese kitchen products to the UK, and moved on to opening his own factories
Of the three, I'd bet on the third as being most successful overall, his very aggressive manner seemed the best suited to dealing with his Chinese business partners.
The cushion guy, while great at dealing with buyers of his product, was very reserved when dealing with the Chinese – which led to the building of his factory being delayed several times.
And the air conditioning guy could potentially make a lot of money – but, as was mentioned in the programme, he needs to do it quickly before it's copied and sold much cheaper.