1, foreigners are less worshiped in China than before, giving them less advantage over locals, and in many cases a disadvantage if they have not forged strong connections
2, businesses founded on exploiting cheap labour and laissez-fair regulation are facing a hard time
3, market is maturing and the overall economy is slowing down, there are fewer untapped opportunities and existing businesses are facing increasing competition
Not to say that being a foreigner has no disadvantage, but if a Chinese entrepreneur fall into those categories, he/she will have a hard time succeeding too. In fact, if you ask Chinese entrepreneurs/business people today, chances are he/she will also tell you that it's getting harder to do business.
1, foreigners are less worshiped in China than before, giving them less advantage over locals, and in many cases a disadvantage if they have not forged strong connections
2, businesses founded on exploiting cheap labour and laissez-fair regulation are facing a hard time
3, market is maturing and the overall economy is slowing down, there are fewer untapped opportunities and existing businesses are facing increasing competition
Not to say that being a foreigner has no disadvantage, but if a Chinese entrepreneur fall into those categories, he/she will have a hard time succeeding too. In fact, if you ask Chinese entrepreneurs/business people today, chances are he/she will also tell you that it's getting harder to do business.