Like war, running a successful business is a challenge. To win, you cannot be merciful and give your competition the edge in price or quality.
If you read or listen to the media or Blogosphere in the U.S., it sounds as if China is the only country that is unfair in business.
However, there’s much that goes on most Westerners never hear or admit.
For example, the U.S. might be China’s biggest customer but that only represents about 18% of what China sells to the world.
In fact, Suite 101 listed a decline for Chinese 2009 global exports, which was estimated to be $1.19 trillion (in U.S. Dollars), and China imported $922 billion worth of products from other countries, down 18.5% from 2008.
Matthew Knight for CNN reported that Business is war, learn from the battlefield….
It seems that a few U.S. businesses may be listening and learning – at least the survivors, who are too busy counting profits.
According to the China Law Blog, several U.S. companies that manufacture in the U.S. and export to China dropped prices as high as 70% when a Chinese company started to compete by selling similar products.
When that happened, the Chinese companies had trouble competing because the prices of the U.S. equipment were dropped well below the prices set by domestic manufacturers in China.
After all, isn’t all fair in love, war and business and to the victor the spoils.
When U.S. once manufactured and sold more than 90% of U.S. cars globally, we didn’t hear GM, Ford or Chrysler complaining about the competition because they were the winners – now some Americans complain.
Isn’t that the same as being a bad sport?
“It is a well-known fact that 80% of small businesses fail each year in the United States…. One key reason is that many people…have no idea what they’re getting into”. Source: Googobits.com
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Lloyd Lofthouse is the award-winning author of the concubine saga, My Splendid Concubine & Our Hart. When you love a Chinese woman, you marry her family and culture too.
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Posted by Lloyd Lofthouse 
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