American Entrepreneurs Who Flocked to China Are Heading Home, Disillusioned

Re:American Entrepreneurs Who Flocked to China Are Heading H... by seanmcdirmid on Friday December 07, 2018 @01:59PM (#18630485)

> If you go to any other developed nation like France, Switzerland or Canada, you won't be able to do business as it pleases you, you need to follow the local political rules.

No, you will need to follow actual laws, as both France and Switzerland are very "rule of law" countries. This actually makes doing business there much easier, because the rules are clearly defined and the same for everyone.

In China, the rule book is ambiguous and anyways, enforcement is very selective (they will get you on something if they want to). A textbook example of a "rule by law" country.

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Re:American Entrepreneurs Who Flocked to China Are Heading H... by rchaud on Friday December 07, 2018 @05:07PM (#18632136)

And yet, every election cycle there will be candidates complaining that the regulations are too burdensome and killing entrepreneurship.

> because the rules are clearly defined and the same for everyone.

The rules are the same for citizens and non-citizens? There is a reason why the Immigration lawyer AMAs on this site are so popular.

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Re:American Entrepreneurs Who Flocked to China Are Heading H... by seanmcdirmid on Friday December 07, 2018 @05:20PM (#18632224)

> And yet, every election cycle there will be candidates complaining that the regulations are too burdensome and killing entrepreneurship.

So? The rules are still there and applied fairly consistently. Whether or not the rules should be changed is what democracy is all about.

> The rules are the same for citizens and non-citizens? There is a reason why the Immigration lawyer AMAs on this site are so popular.

You mean the rules are different because non citizens need visas and citizens do not? I guess you got me there, but I’m not sure what your point is.

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Re:American Entrepreneurs Who Flocked to China Are Heading H... by woodpanel on Friday December 07, 2018 @06:02PM (#18632507)

The rules are clearly defined for entrepreneurs and investors: (usually) any foreigner can incorporate a company and that company being a „legal citizen“ is to be treated like all other legal citizens of a country, regardless of its owner’s nationality.

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Re:American Entrepreneurs Who Flocked to China Are Heading H... by HillaryBriss on Friday December 07, 2018 @08:54PM (#18633355)

give me the man and i will find the crime

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Re:American Entrepreneurs Who Flocked to China Are Heading H... by yourbandsucks on Friday December 07, 2018 @02:29PM (#18630758)

Just drink tea or baijiu with more people. And then, since Xi started the anti-corruption campaign, hope that they don't drink with the wrong people.

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Re:American Entrepreneurs Who Flocked to China Are Heading H... by seanmcdirmid on Friday December 07, 2018 @02:47PM (#18630916)

Never really worked well for foreigners, especially Americans who are subject to the FCPA.

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