"Deng Xiaoping’s attitude was let's put heavy problems aside and cooperate where we can. Now, it’s the US saying it. In the US, there’s genuine support working together on global issues like climate change, law enforcement, health, vaccines, etc."
"China's view of the world connects it to Russia, and now Putin is a pariah. China says it wants an end to the war and pushes for negotiation, but Russian and Chinese leaders view the world as hostile – they want to make it safe for their form of government."
"On the one hand, businesses want to know if they have a visitor visa or a resident permit. Will they only be in China long enough to be replaced or stay for the long term? Some of China’s self-reliance talk is more aspiration than reality. But, on the other hand, many in the party realise they need foreign businesses to be connected to the world."
"There are different worldviews. Headquarters sees a lot more risk, whereas people in China see the opportunity. It's important to remember that many views are legitimate.
‘People in China grew up with different information than those in the West. It will colour how they look at Hong Kong, Xinjiang or Taiwan.
‘When an American raises human rights, the Chinese person will bristle and counter with a question about the number of gun deaths in America."
"Many divides are due to a lack of communication. I advise CEOs and executives to get off group calls and have one-on-one conversations. Take the time to understand each other's viewpoints – but then align on the long-term plan for the business without getting bogged down in disputes."
China CEO Forum and China CFO Forum members recently met to discuss the vital role that business plays in moving the US-China relationship forward in a way that diplomats and politicians have been unable to do. Indeed business is an increasingly important bridge as interactions in other sectors diminish. Executives must adapt to regulatory changes, avoid politicised discourse, and focus on pragmatic business contributions to China. Effective internal and external communication, along with aligning business objectives with government goals, will be key to success.
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