Taiwan, despite its relatively small area and population, is among the world’s top twenty exporters (ranked 15th in 2020). Exports from Taiwan are crucial since they account for around 70% of its GDP. Importing from Taiwan can prove very profitable; this article presents the key-related issues.
Negotiating is an integral part of a cooperation between parties in international trade – it allows to tailor the terms of transactions to individual needs. However, Western and Chinese negotiating styles differ substantially. Analyzing such differences and thorough preparation before the meeting will work to your advantage. How to be successful at negotiating with Chinese business partners?
