APCO Worldwide Inc, a US business strategy firm, recently completed a survey of 50 Chinese business executives, and found 94 percent considered their experience in the US market as successful.
Around 92 percent of respondents said, however, that overcoming cultural difference was their primary challenge, and 70 percent expressed concern over access to the market, hindered by the country's regulatory environment.
Kenneth Jarrett, chairman of APCO's China operations, said that business leaders reported their enterprises had had a relatively easy time entering the US, with good access to capital and existing relationships playing a key role. "To succeed in the market, you have to down play your Chinese characteristics and operate as a US company."
Tibetan carpet exposition opens in Xining, NW China
Huawei unveils thinnest smartphone Ascend P6
Foreign buyers eye Chinese drones
Passion for modified Porsche Cayman
Miss Tourism promotes railway service
Bespoke carmaker opens showroom
Huawei launches vendor-built service operation center
Highlights of ATC Show 2013