Made in China

[flino2004]

http://globaleconomicanalysis.blogsp...ate-crash.html

I've been working designing building in China for few years....they change rules like underware
It won't be the last one.

Fernando

[dellis]

Interesting....though not surprising!

[jujubee]

Not surprising. I used to work in Taiwan as a teacher. One day you'd see a coffee shop. The very next it would be gone. And next to that a new one would magically appear.

Although there are standards, a lot is accomplished with the proper bribe and working through Guanxi - relationships. Want a new business there? Borrow money from relatives and pad the right pocket - your building will go up.

It's quick and efficient, but not without the downside.

[duke2]

It's nowhere near as efficient as you might think. In any given venture there's usually more than 1 person involved, each with their own conflicting interests and stakes (use my supplier so he'll pay me a cut). This leads to an overly complicated and drawn out process that ultimately costs far more money than was originally set out to save by using these shortcuts.