...the local entrepreneur will benefit from a 'wholesome' relationship with China. I want to recommend that Community Colleges conduct seminars with their local business leaders on how to build an economic attraction from foreign markets. This opportunity should not be viewed as simply a Wall Street opportunity. The quality of products and the wholesomeness of relationships with Americans to increase wages within China while mutually purchasing products to support both economies is a real solution to joblessness and poverty.
Small business entrepreneurs need to be cautious about over extending their potential to establish 'market share.' In markets such as China, the 'market share' has to be developed with the help of the USA State Department to open those markets and insure the Chinese government finds them 'in compliance' with their laws and opportunities. There is a lot to this, but, globally there are other foreign markets already developed and open to opportunity from the USA.
Remember how the Wall Street banks DID NOT loan to small businesses in the USA? Yes? Now you know why. Small business entrepreneurs are 'real' competition to Wall Street. Go get 'em.
SBA Loan Programs (click here)
SBA offers a variety of loan programs for very specific purposes. Take some time to study the programs described in this section, to see if you qualify to participate....
On this blog there is an entry about where to find Former Secretary of Commerce Don Evans. After he left the Bush Administration, which was one term, he went to China. He wasn't there for the small entrepreneurs, he was there for 'cheap labor' and Wall Street.
Hello?
Why do you think Paulson was in China more than he was at home? To benefit Small Business Owners and to establish cultural exchanges to promote sales of Art and Entertainment?
Come on people, put on your thinking caps. Give China some credit for protecting the potential of the 'market share' for their people on a global stage.