In China you have to be adaptable and flexible to change.
Things are changing constantly on-the-ground.
There might be new regulations and often you’re operating in a gray area.
The rule of law is developing quickly, but still not as developed as some other countries.
So you can be operating with a bit of ambiguity.
That means you need to be nimble and if things change, you have to be ready to react.
I also think that in certain instances people can be distracted by the amount of opportunities in China.
It’s exciting. You’ll have one meeting on day and somebody will talk about an oil plant in Xinjiang, someone will talk about green tech opportunities elsewhere in the country.
Try not to get too distracted. Be adaptable but don’t be too distracted elsewhere.
Daniel Nivern is Co-Founder of CRCC Asia