It’s not hard to get excited about China – a country that has defied the critics, and the global financial crisis. But here’s the SHOCK! An average worker in China now costs more than the average worker in any other emerging Asian economy, excluding Malaysia and Thailand. Social media marketing has taken the world by storm, but in China, the key players, Facebook and Twitter, are blocked and replaced with Chinese copies. Furthermore, the attrition rate of sales teams is reaching an average of 30%, and all the while new government laws and regulations are creating constant uncertainty in the market.
This is the REAL China. Still excited?
Morry Morgan is the founder of ClarkMorgan Corporate Training, author of ‘Selling Big to China’ and publisher of Network HR magazine. He has been based in Shanghai since 2001 and has led his team to ‘Training Firm of the Year’ in two consecutive years.