If you dont know how to make a marriage work in the west then? - Jann Lee
OK, you got the contract signed! Wait...there is just this one more thing
http://ow.ly/nQPqP - Real-Buzz
OK, you got the contract signed! Wait...there is just this one more thing
http://ow.ly/nQPqP - Immobel
true lies - mylatitude
Bullseye! Sadly, most Westerners will not listen to it. They only think
Western, and they don't like to wear glasses. :-( - lodproductions90
So strange that the Western mind and Chinese thought have so much
differences .. - Bioloser
This is just one man's limited view. Remember Chinese often think in terms
of dynasties while westerners think in terms of centuries. - wigglesmalibu
i am confused... you said at the beginning of the clip that the Chinese are
looking for a "long-term relationship", but then why would you conclude
that "they don't look long-term"? thanks. - Shanshan HE
The US is pretty screwed at the moment, yes:) Nothing lasts forever, the
Roman Empire fell, the Mongols and America. There is no doubt that Asia
will become the new world leading economy, but they will eventually crash
aswell :p There is no way to do things that is perfect, everything will
crumble apart eventually ^^ - YellowMagi
Sorry this took so long. The video is a brief clip from an afternoon of
filming in a restaurant in Vancouver, BC. In April 07. - Greg Bissky
very clarifying all your videos. - mechita8
Yesm exactly what I meant. - YellowMagi
This is good!!!!! - keithxchen
Very good information! Check out my channel to see what iMadeInChina can
source for you from Chinese manufacturers. - iMadeInChina
Miss Hall's School is an all girls boarding and day school located in the
beautiful Berkshires of Massachusetts for grades 9-12. nitinae Please
subscribe and watch our videos!!! - Miss Hall's School
considering 52-54% of all marriages fail in the U.S. I think we have quit a
disadvantage. LOL! - pantslizard
2:55 "your benefits to the Chinese must be short-term, because they don't
look long term." This may be true in certain respects, but in many respects
the total opposite is true. Just a few extremely important examples: -
Chinese have a legendary savings rate. When they make a dollar, they spend
maybe 20 cents . . .if that - Chinese students are renoun for their
studiousness - Chinese economic planning is very long term, whereas Western
econ planning is . . almost non-existent - macdaddylorenzo
Never said it was fair. Everything said about the Chinese -- your stuff and
my stuff -- is true. My point is, if you want to have a chance, here is the
way things have to work. Is it much of a chance? Often not, that's true,
but I don't force people to "do" China, just try to help those that are so
inclined. - Greg Bissky
i must say, after hearing this, i like our western idea of contracts. - levlobotomy
Very well said! I've seen all your videos and I'm really surprised that you
have such deep understanding about Chinese culture. You're absolutely right
about the way Chinese doing business. So far I haven't seen any Chinese
explain western culture the same way you did. Good job and certainly hope
to see more. Thanks - Cellobeginner
Problem is if you sign up to work for a Chinese employer and they refuse to
honour the contract they produced. Hardly lays the terms for a long term
relationship. In these situations it pay to think in terms of who has the
most to lose if you walk. Sometimes walking is the only way to negotiate. - Andrew Whyte
this is very interesting. but while we are learning about the Chinese way
of doing business, they are learning about the Western rules in China at
the same time. So which set of rules should we follow now? - yifengsy
Are Chinese now a "fa li ching" (law more important than relationships)
culture? Is knowing the law equal to following it? I didn't say Chinese
"can not" prepare for future but that Chinese tend not to look into the
future, and that Chinese tend to view a contract differently than
Westerners do. I agree that in high rent Beijing boardrooms,
lawyer-to-lawyer relations look similar to Western, but that is such a
small slice of the Chinese reality. Talk to traders about it. Happy CNY - Greg Bissky
Thanks for your kind words. A lovely way to wake up on a Saturday (or any
day). I'm off to do some all-day workshops next week and hope to get some
new videos from them. Cheers, Greg - Greg Bissky
So what do you do after spending months on a contract and they try to
re-negotiate at the signing? MUTUAL? I see nothing mutual about the way
they act. It appears to be ME ME ME. And foreigners are fair game. It's a
national sport to screw the foreigner. - Garethchina
Long term relationship, short term benefits: As far as I can tell he means
that when you enter a relationship with a Chinese company, that
relationship is expected to be permanent. But every individual deal and
agreement within the permanent relationship is aimed at producing short
term benefits. - kinginyellow7
@wigglesmalibu Im guessing dynasties ago you had stock markets, shipping
indexes and the internet. Right. They do think in dynasties. Things 1000
years ago progressed as fast as today. Im so stupid. - codyhodyman420
@YellowMagi Here's hoping that the Europeans take the plate from the East. - americanoxford
I'm very happy to watch your videos, it's infomative - Cundo269
You can not get future benefit = no or little long term strategy. That is
why so many go bankrupt... It is changing. Chinese culture is vanishing
(you can see the gap between ways in Shanghai and inner China). Gabissky is
right. - Caramonn
i will assume you are telling the truth. thanks if-so. - FinanceLogic
The primary thing I have discovered is to have the upmost of respect. While
there are specific contracts, there is also a verbal contract that provides
for after the contract term ends- like you say -a long term relationship -
however all terms that benefit in the short are also clearly specified
verbally. It took me a while to understand this - but I find it very wise
-you are showing respect to others. - dana-zoe gest
Actually, this guy's by and large off the mark. The marriage analogy works,
but his bit about some sort of Chinese incapacity to prepare for future
contingencies is a laugher. I live in Beijing. I speak Chinese. I practice
law. Leading Chinese attorneys have all studied in the US or England. They
know how international business is conducted and they're slowly but surely
spreading the word throughout China. - paulbaolong
Me too Levlobotomy, but we have to keep sight of the fact that the Chinese
way worked for Chinese. The big question now is will it still work under
the pressures of markets and the always-on global financial system, not to
mention the host of "precision required" aspects of the industrial/digital
revolution. Barter doesn't work for lean, just -in-time manufacturing for
example; for that you need the certainty of contracts. A big issue, and
challenge. - Greg Bissky