A Quote by Zhang Yin
In the '80s and '90s, China went through a giant change. It needed all resources. At the time, I was in the recycled paper business, and I realized the China market was a blank slate.
Related Quotes
With a population of 1.4 billion, China is a lucrative market. But getting into that market isn't cheap. At best, the price of doing business in China is silence; at worst, it's reading talking points straight from the Chinese Communist Party. Beijing is not subtle about it.
The situation with Tibet has to change. China is one of the last huge dictatorships, holding on to these colonies, provinces. That has to collapse. It's the responsibility of heads of business who are going to do business in China to lay down the law.
I have done business in China for 25 years, so I know that in order to get China to cooperate with us, we must first actually retaliate against their cyber-attacks so they know we're serious. We have to push back on their desire to control the trade route through the South China Sea through which flows $5 trillion worth of goods and services every year.
You American people worry too much about the China economy. Every time you think China is a problem, we get better, but when you have a high expectation for China, China is always a problem.
China has seen a great deal of economic progress. It's certainly rather of a miracle. The growing role of the market in the economy will force China to open up its political system over time and to move toward a more democratic society. So taken as a whole, the one real failure in this whole business has been Russia.
U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is America's fastest-growing export market.
The world may view India more benignly, but it does more business with China. It courts China; it needs China. Look at the genuflecting Europeans and the fork-tongued Americans!
During the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, 'In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014.
You cannot just depend on the market, because the market will say: China needs oil; China needs coal; China needs whatever, and Africa has got all these things in abundance. And we go there and get them, and the more we develop the Chinese economy, the larger the manufacturing is, the more we need global markets - sell it to the Africans which indeed might very well destroy whatever infant industries are trying to develop on the continent. That is what the market would do.
America's greatest long-term influence on China comes from playing host to the thousands of students who come from China each year, some of the ablest Chinese scholars and scientists. They will be the most powerful agents for change in China.
President Obama is in China. Also in China is evil Russian dictator Vladimir Putin. They're both in China at the same time. It's like running into your ex-girlfriend on vacation.
In America, when you bring an idea to market, you usually have several months before competition pops up, allowing you to capture significant market share. In China, you can have hundreds of competitors within the first hours of going live. Ideas are not important in China - execution is.
Of course I have the license to make up things, but I think a lot of what's written about China is misleading, and most Americans don't know much about China, in-depth, even though China is such a crucial business partner, rival, whatever.
There is not a single country in the world that is not interested in doing business with China. And no one is seriously concerned about human rights. But Africans are criticized for wanting to do business with China.
Ronald Reagan, when he was campaigning for President, said that he would break relations with Communist China and re-establish diplomatic relations with Taiwan. But when he got into office, he pursued a very different policy of engagement with China and of increasing trade and business ties with China.
Obviously, what's happening in China right now is crucial, in the party congress, which as someone said has anointed a new emperor of China in President Xi. So there's the rise of China, and their active involvement in the United States internally in our business and financial realms. That certainly bears watching.
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