This post originally appeared on The Hill
Doing business in China or even competing against Chinese companies is difficult enough for large corporations. But for smaller companies it has been historically harder. Over the past two decades, I’ve sat and listened to many of my clients — owners of small and medium-sized companies — complain about this.
Many of these allegations have proven true. As part of the country’s aggressive growth plans, the Chinese government has had its hand in helping many of its homegrown companies gain market share by propping up their finances while they sell products at a loss.
The Chinese government has been accused of manipulating markets, playing games with its currency and creating artificial barriers for companies attempting to sell their products there. Read More…
(This post originally appeared on The Guardian)
A business owner in Ohio made news this week because he refused to sell his products and services to supporters of Donald Trump. Was that a good idea? I’m sure you can guess the answer.
“Joe”, the owner of Joe’s Music, a 15-year-old small musical instrument and accessory shop that also provides lessons in Willoughby, Ohio, made the declaration in a recent Facebook post.
“Dear Trump sympathizers,” he wrote. “I am truly sorry, however I feel unclean and dirty accepting money from you. Please, politely shop somewhere else. Sorry, I would rather starve and close the store than participate in wrongdoing.” He also posted a sign on his shop’s front door with a similar message, basically telling the president’s supporters to stay away.
Uh-oh. Read More…