Abe Wong is the CEO and Managing Director of GMP Sigma LLC, a regulatory compliance firm in China. What does it take for a foreign firm to establish themselves in China? What are the issues you can expect to deal with when entering this large market? It is important that you understands the rules and regulations to do business in China. GMPSigma will share some of how his company assists companies who are planning to start and further develop operations in China.
LISTEN: SEGMENT ONE
Abe came to the US 35 years ago, and served in the US Military. As an electronic engineer, he helped the US Military with missile program with their Asian allies. That was his first experience in the regulatory environment. In this segment, Abe will talk about how this got him started to become a liaison between the different cultures.
LISTEN: SEGMENT TWO
Regulatory compliance goes both ways, where Chinese companies also are interested in entering the US market. How are they preparing to get into the US market? Are they ready to move to the US market? Abe also explains the best way that for US companies who are looking to enter the Chinese market. What is the regulatory compliance that they have to deal with in order to be successful in China?
LISTEN: SEGMENT THREE
How have the regulatory environments changed in different industry segments? Abe explain and gives examples on how the environment in China is changing from based on relationships to being guided by new rules and regulations. How did they make that change?
