Wednesday, December 19, 2007

Trust China to do just that

I've always had my reservations about doing business with China. Maybe its the work ethics, or the mentality, or maybe just too many people have been rapidly seduced and conned by the promises and coverage of doing business in China.

The latest victim would be the French food and beverage company Danone with its Chinese joint venture partner Wahaha, which is seeking 10 million yuan in damages. Of course if you really look into it the accusations are really groundless.

So the real question is not, 'Is doing business with China profitable on the long run?'

The real question is, 'How can anyone have a serious discussion with a company that's called Wahaha?'