American companies, on the other hand, want managers who will take risks, show initiative, and be entrepreneurial. This is simply not the case. Some firms have done OK, but others have had to pull back. Few U.S. firms make money in China. Perhaps American business should take the long view.
China is patient.
They have great numbers but they have time on their side too. They will remind you that they have 5,000 years as a continuous civilization.