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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (35147)	6/19/2003 12:58:01 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

Hi Jay - Re: Shanghai - Sounds like great infrastucture at great prices. Question - can the people you can hire in Shanghai do business ? Lots of contacts in the China governmnet at many levels - I expect the secrertary you hire may have a cousin who is deputy minister of xyz... But - do they have business sense and profit motive ? Companies moving into Russia found very bright people with NO CLUE about marketing , budgets, responding to customers, honest bookeeping, etc. Of course, Russia had 70+ years of Marx, and lots of almost fuedalism before that. Eastern Europe has done better, they did not forget as much. I would expect that businesses in Shanghai would need considerable advice from experienced Hong Kong consultants....