

“Big U.S. multinationals used to go to China and do a joint venture with a Chinese company to get into the Chinese market. Now foreign companies are coming to China and saying to Chinese multinationals: If you want to get into Europe, do a joint venture with me and bring your technology.”
Well, well, well. How the turntables.
I don’t have any specific recommendations. Just know that it is a long journey. There will be days when it feels like you’re back where you started. At some point you’ll be able to look back and see how much better you are doing compared to years ago.