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The John Batchelor Show

PREVIEW: SHANGHAI: WTO: Colleague Chris Riegel comments on the unhappy challenges of doing business in China and with Chinese customers or suppliers - illustrated by the Shanghai bootleg market that claims IP is respected. More tonight.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 31 October 2024

⏱️ 1 minutes

🧾️ Download transcript

Summary

PREVIEW: SHANGHAI: WTO: Colleague Chris Riegel comments on the unhappy challenges of doing business in China and with Chinese customers or suppliers - illustrated by the Shanghai bootleg market that claims IP is respected. More tonight.

1908 Shanghai

Transcript

Click on a timestamp to play from that location

0:00.0

This is John Bachelor, conversation with colleague Chris Regal of scholar.com

0:05.0

about the Chinese bootleg market being illustrative of how the Chinese businessman approaches

0:11.0

the responsibilities of the World Trade Organization, the WTO,

0:16.4

the idea of fair trade.

0:18.6

It approaches it as what can we get away with.

0:21.7

Deception. Here's Chris to describe how to do business in China how he has done business in China what to watch for and

0:31.6

Perhaps a reason not to do business in China.

0:35.0

Chris Riegel, scholar.com, the scholar report, more of this tonight.

0:39.0

Completely, John, so the what you're speaking of is that one of the bigger Shanghai bootleg markets which is under the Chinese Natural History Museum in Shanghai it's somewhat fascinating also in the dripping irony because in that bootleg market where you can find every fake purse, perfume, Rolex, etc.

0:59.0

At the entry to that is a banner saying we the Chinese respect the electoral

1:04.4

property and copyrights of other companies around the world in front of the

1:09.5

biggest bootleg market in China. That being said that's the whole Chinese kind of mentality, which is they'll say and do anything necessary to open up a market for trade. However once in that market should you anticipate that they're going to play

1:26.0

by the rules? Absolutely not.

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