Business Quote by Azim Premji
“Our experience is that it is not terribly difficult to do business in China. But the issue is, how much stability do you have in terms of what you negotiate up front and when you've got your feet and your investments on the ground.”
About This Quote
Source Speech: Business Forum, 2015
Doing business in China is manageable, but stability of agreements is uncertain until you’re on the ground.
In simple terms: China offers opportunities, yet contract stability depends on local presence.
Key Takeaway
Secure on‑site presence before finalizing deals.
Themes
international business
risk management
negotiation
Mood
analytical
cautious
Type
strategic
pragmatic
When to use this quote
- foreign investment
- market entry
- contract negotiation
Key Concepts
economics
law
strategy
Questions to Reflect On
- How do you mitigate risk when entering new markets?
- What signs indicate a stable partnership?
A Different Perspective
Political shifts can disrupt agreements.
![“[People] are tired of being ripped off by every single country that does business with us. Whether it's China, Japan, Mexico, Vietnam.” quote by Donald Trump](https://sms4smile.com/quotes/img-quotes/122/donald-trump-18_business_people-are-tired-of-being-ripped-off-by_1530986.jpg)
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)