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Experiencies in financing Finnish companies' operations in China

Experiencies in financing Finnish companies' operations in China

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Experiences<br />

• 100 % F<strong>in</strong>nish owned companies easier than jo<strong>in</strong>t ventures<br />

• Start<strong>in</strong>g with a F<strong>in</strong>nish management makes life easier<br />

• F<strong>in</strong>nish company’s commitment, will<strong>in</strong>gness to take risk and<br />

expertize extremely important<br />

• Enough resources (both money and people) and time have<br />

to be reserved for the project<br />

• Local partners need to be carefully chosen and written<br />

agreements made before start<strong>in</strong>g the cooperation<br />

• Invest<strong>in</strong>g without exist<strong>in</strong>g clientele is a big risk,<br />

overestimat<strong>in</strong>g the market potential often happens<br />

• Ch<strong>in</strong>a is a develop<strong>in</strong>g country with its own culture, th<strong>in</strong>gs<br />

don’t work the way they do <strong>in</strong> F<strong>in</strong>land or <strong>in</strong> Europe<br />

13.4.2012<br />

10

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