BUSA 394 Lecture Notes - Lecture 5: Constant Contact, High Tech, Goldwind

• School: McGill University
• Department: Management
• Course: BUSA 394
• Professor: Lisa Cohen

Document Summary

Busa 394 lecture 5 - the chinese economy. The chinese economy is the fastest growing, strong in middle-tech and investing in high-tech. There will be a huge drop in workers of about 150m for the 20 following years and the level of debt is pretty high. The world is also becoming more protectionist under trump. The key in china is to earn trust over the course of years because it will open you a lot of doors. Some other facts from the conference of ed siedlak: The chinese government is rather efficient and got 800m people out of poverty in 50 years. There is a real entrepreneurial spirit in china. Long trust to get but worth getting there. Difference of time perceptions between western and asian people: Westerners tend to see time as linear and accomplish a task after another.