How fast is China changing?
Check out this report about a land owner in Chongqing. She is already quoting the newly past property laws (past just over a week ago) in her defense of her home. Can you believe that this ever even got this far in China? I can’t—I’d love to know the full story behind her ability to outlast development (in a SEZ no less). People usually are “disappeared” long before it ever gets to this point.What does this mean for you, the foreign businessman in China? It means that yesterday is already gone and what you used to do no longer matters today. Keep up with your industry at home and the news in China, use well connected and knowledgeable partners in China and play by the rules at all time—because when they change if your ducks are not lined up and quacking in unison you’ll get caught with your pants down then you’re going to be in big trouble.