The Chinese market needs to be approached cautiously
It is very important to know that businesses that wish to enter the Chinese market need to be aware of how important the following things are in the country’s business culture: formality and respecting social hierarchy. It is an important prerequisite of market success to have the enterprise’s patent or trademark registered before exporting the actual product to China. It is a good idea to involve a credit insurance company in the market entry process, as the devil never sleeps in China either. This type of risk sharing might become necessary if the Chinese partner can’t or doesn’t want to pay. Exim Bank-type credit insurance can prevent the occurrence of conflicts like this.
Related news
SPAR Dubai’s chocolate-flavored ice cream has become the latest Hungarian export product
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Rising prices, declining exports – the Hungarian poultry sector shows a mixed picture
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Dependence on the American market can pose a serious competitive disadvantage in exports
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Hungarians say food waste is as big a problem as climate change
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Candle exports from Hungary to increase between 2020 and 2024
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: the foreign trade surplus in goods was 589 million euros in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

