How the U.S. Government Helps You Export to China

OK, this is news on U.S. help, but each country should have some department that encourages trade.  The WTO does not allow governments to give cash, but they can and do give loan guarantees and export insurance even for companies that have not exported before. The U.S. government can give $500K in guarantees pretty readily to small businesses interested in exporting.  Check out the China Briefing article on this and specifically the Small Business Administration program I mention above.

It really is a great opportunity to enter the Chinese market at this time, and government bureaus are anxious to make sure you have the capital. Governments may not be any good at doing business, but they can guarantee loans in the US and many other countries.

Thoughts?

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Posted in: China, Market Entry

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