In China

The most fruitful day would be when we are having networking with one of the representative from IESG.

Through him, I have learnt that certain laws in China are not fixed. There is certain amount of flexibility in minor law. E.g. Littering fine: 300RMB. This amount of fine might be affordable for the wealthy who stay in the well developed province, but not feasible for the poorer province.

In addition, relationship and ‘face’ is more important in the less developed China. Relationship between businessmen acts as an enhancer if one has the fundamental.

If one is to set up business in China, he do not solely rely on the rules and regulation set by the Chinese government. They have to seek advice from the village head in order to know the do’s and don’ts in their village. Different village/ part of China practice different custom. Therefore, it is necessary to seek advice from them too.

One also has to make sure that the location that they are going to set up in has the ease of accessing to the raw materials.

Quote of the day:

“Don’t be good for nothing. Be good for something”