Nearly a decade ago Dan Harris, an attorney who works with American companies doing business in China, wrote, “The key to weathering China’s slowdown will be … to go back to basics: think afresh about what a company contributes to China’s economy and how that is likely to shape policy makers’ opinions; focus on scrupulous regulatory compliance; and renew focus on due diligence at a company-to-company level. Above all, no Western company doing business in China should blithely assume that a slowdown won’t affect it.” That’s wise advice today.
Dan Harris in Forbes
