How to Do Business In Very Treacherous China

How to Do Business In Very Treacherous China

Buicks are flying out of showrooms in China. For the first time ever, the brand sold more than 1 million vehicles by the end of September, according to data released this week.

The world’s most populous nation now accounts for 82 percent of all Buicks sold. This stands in direct contrast to so many other American companies who have failed to thrive in the Chinese market.

Netflix was the latest giant to fall, admitting defeat last month in a statement that declared a plan “to license content to existing online service providers in China rather than operate our own service…in the near term.”Buicks are flying out of showrooms in China. For the first time ever, the brand sold more than 1 million vehicles by the end of September, according to data released this week.

The world’s most populous nation now accounts for 82 percent of all Buicks sold. This stands in direct contrast to so many other American companies who have failed to thrive in the Chinese market.

Netflix was the latest giant to fall, admitting defeat last month in a statement that declared a plan “to license content to existing online service providers in China rather than operate our own service…in the near term.”

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